The Florida Senate

717.1241  Conflicting claims.--

(1)  When ownership has been established but conflicting claims have been received by the department, the property shall be remitted to the:

(a)  Person submitting the first claim received by the department;

(b)  Owner if an owner's claim and an owner's representative's claim are received by the department on the same day; or

(c)  Owner's representative who has the earliest dated contract with the owner if claims by two or more owner's representatives are received by the department on the same day.

(2)  The purpose of this section is solely to provide guidance to the department regarding to whom it should remit the unclaimed property and is not intended to extinguish or affect any private cause of action that any person may have against another person for breach of contract or other statutory or common-law remedy.

History.--s. 15, ch. 96-301; s. 24, ch. 2001-36.