TITLE 14

ESTATES OF DECEDENTS

CHAPTER 5

REVISED UNCLAIMED PROPERTY ACT

PART 7

SALE OF PROPERTY BY ADMINISTRATOR

14-5-703.  RECOVERY OF SECURITIES OR VALUE BY OWNER. A person making a claim under this chapter is entitled to receive either the securities delivered to the administrator by the holder, if they still remain in possession of the administrator, or the proceeds received from the sale, less any amounts deducted pursuant to section 14-5-801(4), Idaho Code, but no person has any claim under this chapter against the state, the holder, or any transfer agent, registrar, or other person acting for or on behalf of a holder for any appreciation in the value of the property occurring after delivery by the holder to the administrator.

History:

[14-5-703, added 2024, ch. 27, sec. 2, p. 204.]