Section 904 - When administrator shall honor claim for property.

UT Code § 67-4a-904 (2019) (N/A)
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(1) The administrator shall pay or deliver property to a claimant under Subsection 67-4a-903(1) if the administrator receives evidence sufficient to establish to the satisfaction of the administrator that the claimant is the owner of the property.

(2) Not later than 90 days after a claim is filed under Subsection 67-4a-903(1), the administrator shall allow or deny the claim and give the claimant notice in a record of the decision.

(3) If the claim is denied under Subsection (2): (a) the administrator shall inform the claimant of the reason for the denial and specify what additional evidence, if any, is required for the claim to be allowed; (b) the claimant may file an amended claim with the administrator or commence an action under Section 67-4a-906; and (c) the administrator shall consider an amended claim filed under Subsection (3)(b) as an initial claim.

(a) the administrator shall inform the claimant of the reason for the denial and specify what additional evidence, if any, is required for the claim to be allowed;

(b) the claimant may file an amended claim with the administrator or commence an action under Section 67-4a-906; and

(c) the administrator shall consider an amended claim filed under Subsection (3)(b) as an initial claim.

(4) If the administrator does not take action on a claim during the 90-day period following the filing of a claim under Subsection 67-4a-903(1), the claim is considered denied.