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Utah Code Title 67. State Officers and Employees § 67-4a-606. Property removed from safe-deposit box

Current as of May 05, 2022 | Updated by FindLaw Staff

(1) Property removed from a safe-deposit box and delivered to the administrator under this chapter is subject to:

(a) the holder's right to reimbursement for the cost of opening the box; and

(b) a lien or contract providing reimbursement to the holder for unpaid rent charges for the box.

(2) The administrator shall reimburse the holder from the proceeds remaining after deducting the expense incurred by the administrator in selling the property.

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Cite this article: FindLaw.com - Utah Code Title 67. State Officers and Employees § 67-4a-606. Property removed from safe-deposit box - last updated May 05, 2022 | https://codes.findlaw.com/ut/title-67-state-officers-and-employees/ut-code-sect-67-4a-606/

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