Hiding property or failure to float property upon demand
Sec. 5. If the finder of any property described in this chapter:
(1) hides the property;
(2) allows the property to get aground so that the finder cannot
immediately, upon the demand of the property's owner or the
owner's agents, put the property afloat; or
(3) fails to put the property afloat upon demand;
the finder may not collect or receive any compensation for finding or
caring for the property and, in addition to any other duties imposed
by this chapter, is responsible to the owner for the value of the
property as if the property were afloat.
As added by P.L.2-2002, SEC.19.
Last modified: May 24, 2006