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2019 Tennessee Code
Title 66 - Property
Chapter 29 - Abandoned or Unclaimed Property
Part 1 - Uniform Unclaimed Property Act
§ 66-29-148. Deduction of administrative costs before deposit of funds.
Universal Citation: TN Code § 66-29-148 (2019)
- Before making a deposit of funds received under this part to the general fund of the state, the treasurer may deduct administrative costs, including, but not limited to:
(1) Expenses of custody and disposition of abandoned property;
(2) Costs of mailing, publication, and any other outreach efforts in connection with abandoned property;
(3) Reasonable service charges; and
(4) Expenses incurred in examining records of a putative holder of property and collecting property from a putative holder determined by the treasurer to hold property required to be delivered to the treasurer under this part.
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