Responsibility of Transferee

Responsibility of Transferee. The transferee shall be personally responsible for any property received by him under any order issued pursuant to this article, and any party claiming an interest in the property may, after demand, file an objection to the court setting forth the grounds that entitle him to the property. Upon the filing of an objection, the court shall, after notice to the petitioner or other transferee and objector, schedule the matter for hearing and make findings and enter orders as justice requires. No separate action shall be brought against the transferee after two years from the date of the order under which the property has transferred to him. Source: PL 3-106, ch. 5, § 6.