32-34-1-36.5. Filing disclaimer; transfer of disclaimed property

IN Code § 32-34-1-36.5 (2019) (N/A)
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Sec. 36.5. (a) An owner of property that is delivered to the attorney general may disclaim the property by filing a disclaimer of property with the attorney general in the form and manner required by the attorney general.

(b) If the property is disclaimed under subsection (a), the attorney general may immediately:

(1) sell the property and transmit the proceeds; or

(2) transfer the property;

to the state general fund.

As added by P.L.107-2003, SEC.9.