State Codes and Statutes
Statutes > Maine > Title33 > Title33ch41sec0 > Title33sec1969Title 33: PROPERTY
Chapter 41: UNIFORM UNCLAIMED PROPERTY ACT HEADING: PL 1997, C. 508, PT. A, §2 (NEW); §3 (AFF) (EFF. 7/1/98
§1969. Destruction or disposition of property having no substantial commercial value; immunity from liability
If the administrator determines after investigation that property delivered under this Act has no substantial commercial value, the administrator may destroy or otherwise dispose of the property at any time. An action or proceeding may 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. [1997, c. 508, Pt. A, §2 (NEW); 1997, c. 508, Pt. A, §3 (AFF).]
SECTION HISTORY
1997, c. 508, §A2 (NEW). 1997, c. 508, §A3 (AFF).
