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Investment of sale proceeds for nonresidents or unknown parties.

Utah Code § 78B-6-1237
in effect
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78B-6-1237. Investment of sale proceeds for nonresidents or unknown parties. When there are proceeds of a sale belonging to an unknown owner or to a person outside the state who has no legal representative inside the state, the proceeds shall be invested in bonds of the United States, this state, or a political subdivision of the state for the benefit of the persons entitled the proceeds. Renumbered and Amended by Chapter 3, 2008 General Session
Source: Utah Office of Legislative Research and General Counsel (le.utah.gov)URL: https://le.utah.gov/xcode/Title78B/Chapter6/78B-6-S1237.html?v=C78B-6-S1237_1800010118000101Fetched: 10/26/2026

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