(1) Except as otherwise provided in this section, the provisions of this article 13 do not apply to a local government that is a holder of property if:
The local government has a local ordinance or resolution relating to the disposition ofproperty that conflicts with this article 13;
The local ordinance or resolution described in subsection (1)(a) of this section requires the local government to hold the property for the owner for at least five years after the date it is presumed abandoned under section 38-13-201 (1)(j); and
The local government provides the administrator with the information described insubsection (2) of this section in the same electronic format as a holder is required to use to report unclaimed property.
(2) To satisfy subsection (1)(c) of this section, a local government must provide the administrator with the following information on or before November 1 of each year:
An alphabetical list of the owners for whom the local government holds property thatis presumed abandoned under section 38-13-201 (1)(j); and
The value of the abandoned property that the exempt local government holds foreach owner.
(3) The administrator shall include the information received in accordance with subsection (2) of this section, along with a statement that a person claiming to be the owner must file a claim for the property with the specific local government that has the property, as part of the website or database maintained under section 38-13-503 (3).
Source: L. 2019: Entire article R&RE, (SB 19-088), ch. 110, p. 461, § 1, effective July 1, 2020.