Tenn. Code § 66-29-122

Current through Acts 2023-2024, ch. 1069

Section 66-29-122 - Burden of proof to establish treasurer's right to custody

When the treasurer asserts a right to custody of unclaimed property, the treasurer has the burden to prove:

(1) The existence and amount of the property;

(2) The property is presumed abandoned; and

(3) The property is subject to the custody of the treasurer.

T.C.A. § 66-29-122

Amended by 2017 Tenn. Acts, ch. 457,s 1, eff. 7/1/2017.

Acts 1980, ch. 448, § 4; T.C.A., § 64-2922; Acts 1987, ch. 43, § 1; 1988, ch. 485, § 1; 2005, ch. 141, § 2.