Idaho Code § 14-5-1301
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14-5-1301 WHEN AGREEMENT TO LOCATE PROPERTY VOID.
Official statutory text
PART 13
AGREEMENT TO LOCATE PROPERTY OF APPARENT OWNER HELD BY ADMINISTRATOR
14-5-1301. WHEN AGREEMENT TO LOCATE PROPERTY VOID. (1) Subject to subsection (2) of this section, an agreement to locate property held by the administrator is void if it is entered into during the period beginning on the date the property was presumed abandoned by a holder to the administrator and ending twenty-four (24) months after the payment or delivery.
(2) This section does not apply to an apparent owner's agreement with an attorney to pursue a claim for recovery of specifically identified property held by the administrator or to contest the administrator's denial of a claim for recovery of the property.
History:
[14-5-1301, added 2024, ch. 27, sec. 2, p. 213.]
AGREEMENT TO LOCATE PROPERTY OF APPARENT OWNER HELD BY ADMINISTRATOR
14-5-1301. WHEN AGREEMENT TO LOCATE PROPERTY VOID. (1) Subject to subsection (2) of this section, an agreement to locate property held by the administrator is void if it is entered into during the period beginning on the date the property was presumed abandoned by a holder to the administrator and ending twenty-four (24) months after the payment or delivery.
(2) This section does not apply to an apparent owner's agreement with an attorney to pursue a claim for recovery of specifically identified property held by the administrator or to contest the administrator's denial of a claim for recovery of the property.
History:
[14-5-1301, added 2024, ch. 27, sec. 2, p. 213.]
Status: in_force · Read it on the official government site
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