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Current as of January 01, 2025 | Updated by Findlaw Staff
1. Report by holder. A holder of property presumed abandoned and subject to the custody of the administrator shall report in a record to the administrator concerning the property in a format approved by the administrator.
2. Contract with 3rd party. A holder may contract with a 3rd party to make the report required under subsection 1.
3. Responsibilities of holder. Whether or not a holder contracts with a 3rd party under subsection 2, the holder is responsible:
A. To the administrator for the complete, accurate and timely reporting of property presumed abandoned; and
B. For paying or delivering to the administrator property described in the report.
Cite this article: FindLaw.com - Maine Revised Statutes Title 33. Property § 2091. Report required by holder - last updated January 01, 2025 | https://codes.findlaw.com/me/title-33-property/me-rev-st-tit-33-sect-2091/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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