16-6a-1419. Deposit with state treasurer.
Assets of a dissolved nonprofit corporation that are to be
transferred to a creditor, claimant, or member of the nonprofit corporation
shall be reduced to cash and deposited with the state treasurer in accordance
with Title 67, Chapter 4a, Unclaimed Property Act, if the creditor, claimant,
(1) cannot be found; or
(2) is not legally competent to receive the assets.
Amended by Chapter 378, 2010 General Session