Sec. 46. (a) If the attorney general knows that property held by the attorney general under this chapter is subject to a superior claim of another state, the attorney general shall:

(1) report and pay or deliver the property to the other state;

Terms Used In Indiana Code 32-34-1.5-46

  • Attorney: includes a counselor or other person authorized to appear and represent a party in an action or special proceeding. See Indiana Code 1-1-4-5
  • Property: includes personal and real property. See Indiana Code 1-1-4-5
(2) return the property to the holder so that the holder may pay or deliver the property to the other state; or

(3) pay or deliver the property to the owner if the owner makes a claim while the property is in the custody of the attorney general.

     (b) The attorney general is not required to enter into an agreement to transfer property to the other state under subsection (a).

As added by P.L.141-2021, SEC.20.