Deduction of administrative costs before deposit of funds

Tenn. Code Ann. § 66-29-148, under Uniform Unclaimed Property Act.

Tenn. Code Ann. § 66-29-148

(1) Before making a deposit of funds received under this part to the general fund of the state, the treasurer may deduct administrative costs, including, but not limited to:(1) Expenses of custody and disposition of abandoned property;(2) Costs of mailing, publication, and any other outreach efforts in connection with abandoned property;(3) Reasonable service charges; and(4) Expenses incurred in examining records of a putative holder of property and collecting property from a putative holder determined by the treasurer to hold property required to be delivered to the treasurer under this part.

(1) Expenses of custody and disposition of abandoned property;

(2) Costs of mailing, publication, and any other outreach efforts in connection with abandoned property;

(3) Reasonable service charges; and

(4) Expenses incurred in examining records of a putative holder of property and collecting property from a putative holder determined by the treasurer to hold property required to be delivered to the treasurer under this part.