Section 903 - Claim for property by person claiming to be owner.

UT Code § 67-4a-903 (2019) (N/A)
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(1) (a) A person claiming to be the owner of property held under this chapter by the administrator may file a claim for the property on a form prescribed by the administrator. (b) The claimant shall verify the claim as to its completeness and accuracy.

(a) A person claiming to be the owner of property held under this chapter by the administrator may file a claim for the property on a form prescribed by the administrator.

(b) The claimant shall verify the claim as to its completeness and accuracy.

(2) If the owner claiming the unclaimed property is a creditor the following apply: (a) (i) the exclusive remedy for satisfying a creditor's judgement is payment of a claim under the act; and (ii) a writ of attachment, garnishment, or execution is prohibited on unclaimed property; (b) a creditor may only receive the value of the creditor's judgment or the amount held by the administrator, whichever is less; and (c) the administrator may waive the requirement in Subsection (1) and may pay or deliver property directly to a person if: (i) the person receiving the property or payment is shown to be the apparent owner included on a report filed under Section 67-4a-401; (ii) the administrator reasonably believes the person is entitled to receive the property or payment; and (iii) the property has a value of less than $500.

(a) (i) the exclusive remedy for satisfying a creditor's judgement is payment of a claim under the act; and (ii) a writ of attachment, garnishment, or execution is prohibited on unclaimed property;

(i) the exclusive remedy for satisfying a creditor's judgement is payment of a claim under the act; and

(ii) a writ of attachment, garnishment, or execution is prohibited on unclaimed property;

(b) a creditor may only receive the value of the creditor's judgment or the amount held by the administrator, whichever is less; and

(c) the administrator may waive the requirement in Subsection (1) and may pay or deliver property directly to a person if: (i) the person receiving the property or payment is shown to be the apparent owner included on a report filed under Section 67-4a-401; (ii) the administrator reasonably believes the person is entitled to receive the property or payment; and (iii) the property has a value of less than $500.

(i) the person receiving the property or payment is shown to be the apparent owner included on a report filed under Section 67-4a-401;

(ii) the administrator reasonably believes the person is entitled to receive the property or payment; and

(iii) the property has a value of less than $500.