48-2c-1008 - Unclaimed distributions.
48-2c-1008. Unclaimed distributions.
If a company has mailed three successive distributions to a member addressed to themember's address shown on the company's current record of members and the distributions havebeen returned as undeliverable, no further attempt to deliver distributions to that member need bemade until another address for the member is made known to the company, at which time alldistributions accumulated by reason of this section shall, except as otherwise provided by law, bemailed to the member at the other address.
Enacted by Chapter 260, 2001 General Session