70-9-121. Interstate agreements and cooperation. (1) The department may enter into agreements with other states to exchange information needed to enable this or another state to audit or otherwise determine unclaimed property that it or another state may be entitled to subject to a claim of custody. The department may require the reporting of information needed to enable compliance with agreements made pursuant to this section.
     (2) To avoid conflicts between the department's procedures and the procedures of administrators in other jurisdictions that enact substantially the Uniform Unclaimed Property Act, the department, as far as is consistent with the purposes, policies, and provisions of this chapter, shall advise and consult with administrators in other jurisdictions that enact substantially the Uniform Unclaimed Property Act and take into consideration the rules of administrators in such other jurisdictions.

     History: En. Sec. 11, Ch. 269, L. 1983.