70-9-303. Payment or delivery of abandoned property to department -- service charges. (1) A person who has filed a report as provided by 70-9-301 shall pay or deliver to the department of revenue all abandoned property specified in the report at the time the report is filed.
     (2) A service, handling, maintenance, or other charge or fee of any kind may not be deducted or withheld from any property subject to escheat under this chapter unless specifically permitted by this chapter.
     (3) Even when specifically permitted by this chapter, charges or fees may not be excluded, withheld, or deducted from property subject to this chapter if, under its normal procedure, the holder would not have excluded, withheld, or deducted the charges or fees if the property had been claimed by the owner prior to being reported or remitted to the department.

     History: En. Sec. 13, Ch. 244, L. 1963; amd. Sec. 4, Ch. 226, L. 1967; amd. Sec. 3, Ch. 216, L. 1971; amd. Sec. 26, Ch. 391, L. 1973; R.C.M. 1947, 67-2213; (2), (3)En. Sec. 5, Ch. 269, L. 1983; amd. Sec. 4, Ch. 654, L. 1991.