§523A-18 - Destruction or disposition of property having no substantial commercial value; immunity from liability.
[§523A-18] Destruction or disposition of
property having no substantial commercial value; immunity from liability.
If the administrator determines after investigation that property delivered
under this part has no substantial commercial value, the administrator may
destroy or otherwise dispose of the property at any time. An action or
proceeding shall not be maintained against the State or any officer or against
the holder for or on account of an act of the administrator under this section,
except for intentional misconduct or malfeasance. [L 2008, c 55, pt of §1]