§560:3-1210 Undistributed proceeds or balances, disposition. When any balance remains in the hands of the clerk, after payment in the order specified in section 560:3-805, and if no heirs or devisees of the decedent entitled to the balance can be located after reasonable search and inquiry, the clerk, after the expiration of one year after the first publication, shall report the fact to the court. The court shall forthwith enter an order forwarding the property to the state director of finance, and the clerk thereupon shall immediately deposit the money or funds, or any balance, with the director for disposition as provided in chapter 523A. The director at any time may authorize the payment out of the unclaimed property trust fund under section 523A-26 any amount so forwarded to any person who establishes to the satisfaction of the director that the person is legally entitled thereto as an heir or devisee of the decedent, and the person shall be entitled to receive the amount thereof out of any moneys in the treasury not otherwise appropriated, upon warrant drawn by the state comptroller. [L 1996, c 288, pt of §1; am L 2012, c 229, §3]
Section: Previous 560-3-1203 560-3-1204 560-3-1205 560-3-1206 560-3-1207 560-3-1208 560-3-1209 560-3-1210 560-3-1211 560-3-1212 560-3-1213 560-3-1214 560-3-1215 560-4-101-to-560-4-401 560-4-201 NextLast modified: October 27, 2016