(1) A person claiming to be the owner of property held by the administrator under this article 13 may file a claim for the property on a form prescribed by the administrator.
(2) The administrator may waive the requirement in subsection (1) of this section and may pay or deliver property directly to a person if:
The person receiving the property or payment is shown to be the apparent ownerincluded on a report filed under section 38-13-401; and
The administrator reasonably believes the person is entitled to receive the property orpayment.
Source: L. 2019: Entire article R&RE, (SB 19-088), ch. 110, p. 443, § 1, effective July 1, 2020.