Tenn. Code Ann. § 66-29-148: Deduction of administrative costs before deposit of funds
Where this section sits in the code
- TN Code
- Title 66
- Chapter 29
Before making a deposit of funds received under this part to the general fund of the state, the treasurer may deduct administrative costs, including, but not limited to:
(1) Expenses of custody and disposition of abandoned property;
(2) Costs of mailing, publication, and any other outreach efforts in connection with abandoned property;
(3) Reasonable service charges; and
(4) Expenses incurred in examining records of a putative holder of property and collecting property from a putative holder determined by the treasurer to hold property required to be delivered to the treasurer under this part.
Collected 2026-09-14T18:32:26Z. Source file · JSON