70-9-305. Reimbursement to holder for payment to owner or other state. (1) Any holder who has paid moneys to the department of revenue pursuant to parts 1 through 3 may make payment to any person appearing to such holder to be entitled thereto, and upon proof of such payment and proof that the payee was entitled thereto, the department shall forthwith reimburse the holder for the payment.
     (2) Any holder who has paid moneys to the department pursuant to parts 1 through 3 and after exhausting his legal remedies is compelled by authority of another jurisdiction to make a second payment to any other state, upon certified proof thereof and upon proof that the department was notified in writing of the claim of such other state within 30 days after such claim has been asserted, the department shall refund to such holder the amount of such second payment not in excess of the amount paid to the department under parts 1 through 3.

     History: En. Sec. 14, Ch. 244, L. 1963; amd. Sec. 4, Ch. 216, L. 1971; amd. Sec. 27, Ch. 391, L. 1973; R.C.M. 1947, 67-2214(part).