Request Unclaimed Balance of Accounts Remitted to State Treasurer Under Unclaimed Property Act

WHEREAS, Tennessee Code Annotated, Sections 66-29-102 and 66-29-121 provide that a county may request payment for the unclaimed balance of funds reported and remitted by or on behalf of that county and its agencies if it exceeds one hundred dollars ($100), less a proportionate share of the cost of administering the program; and,

WHEREAS, ______________ County meets all of the requirements of Tennessee Code Annotated, Sections 66-29-101 et seq. and accepts liability for future claims against accounts represented in funds paid to it and agrees to submit an annual report of claims received on these accounts to the State Treasurer; and,

WHEREAS, it is agreed that this county will retain a suffi-cient amount to insure prompt payment of allowed claims without deduction for administrative cost or service charges and that the balance of funds will be deposited in this county's general fund;

NOW, THEREFORE, BE IT RESOLVED that the county legislative body of ________________ County requests the State Treasurer to pay the unclaimed balance of funds remitted for the 20___ report year to it in accordance with the provisions of Tennessee Code Annotated, Section 66-29-121. A list of remittances made by or on behalf of this county and its agencies is attached.

Adopted this __________ day of _______________, 20___, by the county legislative body of _______________ County, Tennessee.


APPROVED:



______________________________
County Executive


ATTEST:



_______________________________
County Clerk



I hereby certify that this is a true and exact copy of the foregoing Resolution which was approved and adopted at a meeting held on the ______ day of __________________, 20___, the original which is on file in this office in Minute Book ___________, page ______.

I further certify that the county legislative body of __________________ County consists of_____ members, and that _____ members voted in favor of the Resolution.

_______________________________________
(Signature)

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(Title)