Title 67, Title 67: State Officers and Employees

67-4-2. Definitions. As used in this chapter: (1) "Federal funds" means cash received from the United States government or from other individuals or entities for or on behalf of the United States and deposited with the state treasurer or any agency of the state. (2) "General Fund…

67-4-20. Precious metals-backed electronic payment system. (1) As used in this section: "Contractor" means the same as that term is defined in Section. 63G-6a-103 "Participating contractor" means a contractor that chooses to receive payment from the state through a precious metal…

67-4-22. State Treasurer Investment Management Account. (1) As used in this section, "account" means the State Treasurer Investment Management Account created in this section. (2) There is created within the General Fund a restricted account known as the State Treasurer Investmen…

67-4-23. Retirement plan exchange. (1) As used in this section: "Automatic-enrollment individual retirement account arrangement" means an individual retirement account that: allows an employee to contribute via payroll deduction; does not permit employer contributions; automatica…

67-4-3. Warrants upon state treasurer -- Legislative policy. It is the legislative purpose in the enactment of this measure to make uniform the laws of the state of Utah with respect to the preparation, issuance and drawing of warrants upon the state treasurer.

67-4a-1001. Verified report of property. (1) If a person does not file a report required by Sectionor the administrator believes that a person may have filed an inaccurate, incomplete, or false report, the administrator may require the person to file a verified report in a form p…

67-4a-1002. Examination of records to determine compliance. The administrator, at reasonable times and on reasonable notice, may: (1) examine the records of a person, including examination of appropriate records in the possession of an agent of the person under examination, if th…

67-4a-1003. Rules for conducting examination. (1) The administrator may adopt rules governing procedures and standards for an examination under Section. 67-4a-1002 The rules may reference any standards concerning unclaimed property examinations promulgated by the National Associa…

67-4a-1004. Records obtained in examination. Records obtained and records, including work papers, compiled by the administrator in the course of conducting an examination under Section: (1) are subject to the confidentiality and security provisions of, and are not public records;…

67-4a-1005. Evidence of unpaid debt or undischarged obligation. (1) A record of a putative holder showing an unpaid debt or undischarged obligation is prima facie evidence of the debt or obligation. (2) A putative holder may establish by a preponderance of the evidence that there…

67-4a-1006. Failure of person examined to retain records. (1) If a person subject to examination under Sectiondoes not retain the records required by Section, the administrator may determine the value of property due using a reasonable method of estimation based on all informatio…

67-4a-1007. Report to person whose records were examined. At the conclusion of an examination under Section, unless waived in writing by the person being examined, the administrator shall provide to the person whose records were examined a report that specifies: (1) the work perf…

67-4a-1008. Informal conference. (1) If a person subject to examination under Sectionbelieves the person conducting the examination has made an unreasonable or unauthorized request or is not proceeding expeditiously to complete the examination, the person in a record may request …

67-4a-1009. Administrator's contract with another to conduct examination. (1) The administrator may contract with a person to conduct an examination under this chapter. (2) If the administrator contracts with a person under Subsection: (1) the contract may provide for compensatio…

67-4a-101. Title. This chapter is known as the "Revised Uniform Unclaimed Property Act."

67-4a-1010. Report by administrator to state official. (1) Not later than three months after the end of the fiscal year, the administrator shall compile and submit a report to the treasurer, president of the Senate, and speaker of the House. (2) The report shall contain the follo…

67-4a-1011. Determination of liability for unreported reportable property. If the administrator determines from an examination conducted under Sectionthat a putative holder failed or refused to pay or deliver to the administrator property that is reportable under this chapter, th…

67-4a-102. Definitions. As used in this chapter: (1) "Administrator" means the deputy state treasurer assigned by the state treasurer. (2) "Administrator's agent" means a person with which the administrator contracts to conduct an examination under, on behalf of the administrator…

67-4a-103. Inapplicability to foreign transaction. This chapter does not apply to property held, due, and owing in a foreign country if the transaction out of which the property arose was a foreign transaction.

67-4a-104. Rulemaking. (1) The administrator may adopt rules to implement and administer this chapter. (2) The administrator shall follow the notice, hearing, and publication requirements of. Title 63G, Chapter 3, Utah Administrative Rulemaking Act

67-4a-1101. Informal conference. (1) Not later than 30 days after receipt of a notice under Section, the putative holder may request an informal conference with the administrator to review the determination. 67-4a-1011 Except as otherwise provided in this section, the administrat…

67-4a-1102. Review of administrator's determination. A putative holder may seek relief from a determination under Sectionby: (1) administrative review under Section; or 67-4a-1103 (2) judicial review under Section. 67-4a-1104

67-4a-1103. Administrative review. (1) Not later than 30 days after receiving notice of the administrator's determination under Section, a putative holder may initiate a proceeding under Sectionfor review of the administrator's determination. 67-4a-1011 63G-4-301 (2) A final deci…

67-4a-1104. Judicial remedy. (1) Not later than 90 days after receiving notice of the administrator's determination under Section, the putative holder may: 67-4a-1011 file an action against the administrator in the district court challenging the administrator's determination of l…

67-4a-1201. Judicial action to enforce liability. (1) If a determination under Sectionbecomes final and is not subject to administrative or judicial review, the administrator may commence an action in the district court or in a district court of another state to enforce the deter…

67-4a-1202. Interstate and international agreement -- Cooperation. (1) Subject to Subsection, the administrator may: (2) exchange information with another state or foreign country relating to property presumed abandoned or relating to the possible existence of property presumed a…

67-4a-1203. Action involving another state or foreign country. (1) The administrator may join another state or foreign country to examine and seek enforcement of this chapter against a putative holder. (2) On request of another state or foreign country, the attorney general may c…

67-4a-1204. Interest and penalty for failure to act in timely manner. (1) A holder that fails to report, pay, or deliver property within the time prescribed by this chapter shall pay to the administrator interest at an annual rate calculated based on the federal short-term rate d…

67-4a-1205. Other civil penalties. (1) If a holder enters into a contract or other arrangement for the purpose of evading an obligation under this chapter or otherwise willfully fails to perform a duty imposed on the holder under this chapter, the administrator may require the ho…

67-4a-1206. Waiver of interest and penalty. The administrator: (1) may waive, in whole or in part, interest under Subsectionand penalties under Subsectionor Section; and 67-4a-1204(1) 67-4a-1204(2) 67-4a-1205 (2) may waive a penalty under Subsectionif the administrator determines…

67-4a-1301. When agreement to locate property enforceable. An agreement by an apparent owner and another person, the primary purpose of which is to locate, deliver, recover, or assist in the location, delivery, or recovery of property held by the administrator, is enforceable onl…

67-4a-1302. When agreement to locate property void. (1) Subject to Subsection, an agreement under Sectionis void if the agreement is entered into during the period beginning on the date the property was paid or delivered by a holder to the administrator and ending 24 months after…

67-4a-1303. Right of agent of apparent owner to recover property held by administrator. (1) An apparent owner that contracts with another person to locate, deliver, recover, or assist in the location, delivery, or recovery of property of the apparent owner that is held by the adm…

67-4a-1401. Definitions -- Applicability. (1) As used in this part, "personal information" means: information that identifies or reasonably can be used to identify an individual, such as first and last name in combination with the individual's: social security number or other gov…

67-4a-1402. Confidential information. (1) Except as otherwise provided in this chapter, the following are confidential and exempt from public inspection or disclosure: records of the administrator and the administrator's agent related to the administration of this chapter; report…

67-4a-1403. When confidential information may be disclosed. (1) When reasonably necessary to enforce or implement this chapter, the administrator may disclose confidential information concerning property held by the administrator or the administrator's agent only to: an apparent …

67-4a-1404. Confidentiality agreement. A person to be examined under Sectionmay require, as a condition of disclosure of the records of the person to be examined, that each person having access to the records disclosed in the examination execute and deliver to the person to be ex…

67-4a-1405. No confidential information in notice. Except as otherwise provided in Sectionsand, a holder is not required under this chapter to include confidential information in a notice the holder is required to provide to an apparent owner under this chapter.

67-4a-1406. Security of information. (1) If a holder is required to include confidential information in a report to the administrator, the information shall be provided by a secure means. (2) If confidential information in a record is provided to and maintained by the administrat…

67-4a-1407. Security breach. (1) Except to the extent prohibited by law other than in this chapter, the administrator or the administrator's agent shall notify a holder as soon as practicable of: a suspected loss, misuse, unauthorized access, disclosure, modification, or destruct…

67-4a-1408. Indemnification for breach. (1) If a claim is made or action commenced arising out of an event described in Subsectionrelating to confidential information possessed by the administrator, this state shall indemnify, defend, and hold harmless a holder and the holder's a…

67-4a-1501. Uniformity of application and construction. In applying and construing this uniform chapter, consideration shall be given to the need to promote uniformity of the law with respect to the chapter's subject matter among states that enact it.

67-4a-1502. Relation to Electronic Signatures in Global and National Commerce Act. This chapter modifies, limits, or supersedes the Electronic Signatures in Global and National Commerce Act, 15 U.S.C. Sec. 7001 et seq., except this chapter does not: (1) modify, limit, or supersed…

67-4a-1503. Transitional provision. (1) An initial report filed under this chapter for property that was not required to be reported before May 9, 2017, but that is required to be reported under this chapter, shall include all items of property that would have been presumed aband…

67-4a-1504. Severability. If any provision of this chapter or its application to any person or circumstance is held invalid, the invalidity does not affect other provisions or applications of this chapter that can be given effect without the invalid provision or application, and …

67-4a-201. When property presumed abandoned. Subject to Section, the following property is presumed abandoned if the property is unclaimed by the apparent owner during the period specified below: (1) a traveler's check, 15 years after issuance; (2) a money order, seven years afte…