Sec. 33-903. Deposit of assets with State Treasurer or other state official.
Sec. 33-903. Deposit of assets with State Treasurer or other state official.
Assets of a dissolved corporation that should be transferred to a creditor, claimant or
shareholder of the corporation who cannot be found or who is not competent to receive
them shall be reduced to cash and deposited for safekeeping with the State Treasurer
or other state official authorized to hold such assets. When the creditor, claimant or
shareholder furnishes satisfactory proof of entitlement to the amount deposited, the State
Treasurer or such other state official shall pay him or his representative that amount.
(P.A. 94-186, S. 178, 215; P.A. 96-271, S. 129, 254.)
History: P.A. 94-186 effective January 1, 1997; P.A. 96-271 replaced "other appropriate state official" with "other state
official authorized to hold such assets" and made corresponding technical changes, effective January 1, 1997.