Current as of January 01, 2020 | Updated by FindLaw Staff
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(a) The administrator may decline to receive property reported under this article which the administrator considers to have a value less than the expenses of notice and sale.
(b) A holder, with the written consent of the administrator and upon conditions and terms prescribed by the administrator, may report and deliver property before the property is presumed abandoned. Property so delivered must be held by the administrator and is not presumed abandoned until it otherwise would be presumed abandoned under this article.
Cite this article: FindLaw.com - West Virginia Code Chapter 36. Estates and Property § 36-8-17. Election to take payment or delivery - last updated January 01, 2020 | https://codes.findlaw.com/wv/chapter-36-estates-and-property/wv-code-sect-36-8-17/
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