33 §2091. Report required by holder

1. Report by holder. A holder of property presumed abandoned and subject to the custody of the administrator shall report in a record to the administrator concerning the property in a format approved by the administrator. [PL 2019, c. 498, §22 (NEW).] 2. Contract with 3rd party. A holder may contract with a 3rd party to make the report required under subsection 1 . [PL 2019, c. 498, §22 (NEW).] 3. Responsibilities of holder. Whether or not a holder contracts with a 3rd party under subsection 2 , the holder is responsible: A. To the administrator for the complete, accurate and timely reporting of property presumed abandoned; and [PL 2019, c. 498, §22 (NEW).] B. For paying or delivering to the administrator property described in the report. [PL 2019, c. 498, §22 (NEW).] [PL 2019, c. 498, §22 (NEW).]