| |
until it becomes abandoned unclaimed under the Uniform Unclaimed | | Property Act, and report and pay it to the State in accordance | | with that Act. |
|
| | | Sec. T-11. 18 MRSA §1655, as repealed and replaced by PL 1979, c. | | 641, §5, is amended to read: |
|
| | | §1655. Distribution of balance |
|
| | | When there is in the hands of a public administrator an | | amount of money more than is necessary for the payment of the | | deceased's debts and for other purposes of administration, if | | no widow, widower or heirs of the deceased have been | discovered, the administrator shall must be required by the | | judge to deposit it with the Treasurer of State, who shall | receive it and dispose of it according to Title 33, chapter 27 | | 41. |
|
| | | Sec. T-12. 18-A MRSA §3-619, sub-§(e), as repealed and replaced by PL | | 1981, c. 268, §3, is amended to read: |
|
| | | (e) When there are assets, other than real property, | | remaining in the hands of such public administrator after the | | payment of the decedent's debts and all costs of | | administration and no heirs have been discovered, the public | administrator shall must be ordered by the judge to deposit | | them with the Treasurer of State, who shall receive them and | dispose of them according to Title 33, chapter 27 41. These | assets shall must, for the purposes of Title 33, chapter 27 | 41, be presumed abandoned unclaimed when the judge orders the | | public administrator to deposit them with the Treasurer of | | State. |
|
| | | Sec. T-13. 18-A MRSA §3-914, as enacted by PL 1979, c. 540, §1, is | | amended to read: |
|
| | | §3-914. Disposition of unclaimed assets |
|
| | | (A) If an heir, devisee or claimant cannot can not be | | found, the personal representative shall distribute the share | of the missing person to his the person's conservator, if | any,; otherwise it shall must be disposed of according to | Title 33, chapter 27 41. |
|
| | | Sec. T-14. 24-A MRSA §4551, as repealed and replaced by PL 1977, | | c. 707, §7, is amended to read: |
|
| | | §4551. Disposition of unclaimed funds |
|
| | | All unclaimed moneys money held and owing by any life | insurer doing business in this State shall must be disposed of | according to Title 33, chapter 27 41. |
|
|