Unless the distribution or payment no longer can be questioned because of adjudication, estoppel, or limitation, a distributee of property improperly distributed or paid, or a claimant who was improperly paid, is liable to return the property improperly received and its income since distribution if the distributee or claimant has the property. If the distributee or claimant does not have the property, then the distributee or claimant is liable to return the value as of the date of disposition of the property improperly received and its income and gain.
Section: Previous 13.16.540 13.16.545 13.16.550 13.16.555 13.16.560 13.16.565 13.16.570 13.16.575 13.16.580 13.16.585 13.16.590 13.16.595 13.16.600 13.16.605 13.16.610 NextLast modified: November 15, 2016