Title 44, Chapter 12, Section 213
( 44-12-213)
(a) The commissioner may enter into agreements with other states to
exchange information needed to enable this or another state to audit
or otherwise determine unclaimed property that is subject to a claim
of custody. The commissioner by rule may require the reporting of
information needed to enable compliance with agreements made
pursuant to this Code section and may prescribe the form. (b) To avoid conflicts between the commissioner's procedures and the
procedures of administrators in other jurisdictions that enact the
Uniform Unclaimed Property Act, the commissioner, so far as is
consistent with the purposes, policies, and provisions of this
article, before adopting, amending, or repealing rules, shall advise
and consult with administrators in other jurisdictions that enact
the Uniform Unclaimed Property Act and take into consideration the
rules of administrators in other jurisdictions that enact the
Uniform Unclaimed Property Act. (c) The commissioner may join with other states to seek enforcement
of this article against any person who is or may be holding property
reportable under this article. (d) At the request of another state, the Attorney General of this
state may bring an action in the name of the administrator of the
other state in any court of competent jurisdiction in this state to
enforce the unclaimed property laws of the other state against the
holder in this state of property subject to escheat or a claim of
abandonment by the other state, if the other state has agreed to pay
expenses incurred by the Attorney General in bringing that action. (e) The commissioner may request that the attorney general of
another state or any other person bring an action in the name of the
commissioner in the other state. This state shall pay all expenses
including attorney's fees in any action under this subsection. The
commissioner may agree to pay the person bringing the action
attorney's fees based in whole or in part on a percentage of the
value of any property recovered in the action. Any expenses paid
pursuant to this subsection may not be deducted from the amount that
is subject to the claim by the owner under this article. |