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§ 1301.22. Election to take payment or delivery

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 72 P.S. Taxation and Fiscal AffairsEffective: July 1, 2002

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 72 P.S. Taxation and Fiscal Affairs
Chapter 1. The Fiscal Code (Refs & Annos)
Article XIII.1. Disposition of Abandoned and Unclaimed Property (Refs & Annos)
Effective: July 1, 2002
72 P.S. § 1301.22
§ 1301.22. Election to take payment or delivery
Currentness
The State Treasurer may decline to receive any item of property reported, in which event the holder thereof shall be discharged of any liability to the Commonwealth with respect thereto. Unless the holder of the property is notified to the contrary within ninety (90) days after filing the report required under section 1301.11,1 the State Treasurer shall be deemed to have elected to receive the custody of the property.

Credits

1929, April 9, P.L. 343, No. 176, art. XIII.1, § 1301.22, added 1982, Dec. 9, P.L. 1057, No. 248, § 5, retroactive effective Jan. 1, 1982. Amended 1986, May 16, P.L. 197, No. 60, § 2, imd. effective; 2002, June 29, P.L. 614, No. 91, § 15, effective July 1, 2002.

Footnotes

1
72 P.S. § 1301.11.
72 P.S. § 1301.22, PA ST 72 P.S. § 1301.22
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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