5/6/2026Amended by Chapter 264, 2026 General Session2026Claim for property by person claiming to be owner.A person claiming to be the owner of property held under this chapter by the administrator may file a claim for the property on a form prescribed by the administrator.The claimant shall verify the claim as to its completeness and accuracy.If the owner claiming the unclaimed property is a creditor, the following apply:the exclusive remedy for satisfying a creditor's judgement is payment of a claim under the act; anda writ of attachment, garnishment, or execution is prohibited on unclaimed property;a creditor may only receive the value of the creditor's judgment or the amount held by the administrator, whichever is less; andthe administrator may waive the requirement in Subsection (1) and may pay or deliver property directly to a person if:the person receiving the property or payment is shown to be the apparent owner included on a report filed under Section 67-4a-401;the administrator reasonably believes the person is entitled to receive the property or payment; andthe property has a value of less than $500.For a claim involving property of a decedent, one or more heirs or owners of the property may, on a form prescribed by the administrator, file a single claim for the property on behalf of all heirs or owners if:the property has a value of $100,000 or less; andmore than one person is entitled to file a claim for the property.The claimant or claimants of a claim described in Subsection (3)(a) shall file with the claim:an affidavit that satisfies the requirements of Section 75-3-1201; anda form prescribed by the administrator, signed by each claimant, in which the claimant agrees to:receive the property in a fiduciary capacity and equitably distribute to each owner the portion of the property to which the owner is entitled; andindemnify the state, the administrator, and the state's agents, officers, and employees against any liability on a claim to the property.The claimant or claimants of a claim described in Subsection (3)(a) shall verify the claim for completeness and accuracy.