Probate Practice and Procedure

CHAPTER 33-21.1
Unclaimed Intangible and Tangible Property

SECTION 33-21.1-28

§ 33-21.1-28. Destruction or disposition of property having insubstantial commercial value – Immunity from liability.

If the administrator determines after investigation that any property delivered under this chapter has insubstantial commercial value, the administrator may destroy or otherwise dispose of the property at any time. No action or proceeding may be maintained against the state, or any officer, or against the holder for on account of any action taken by the administrator pursuant to this section.

History of Section.
(P.L. 1986, ch. 500, § 3.)