Escheat definition

Escheat of an estate means that whenever any per- son dies, whether a resident of this state or not, leaving prop- erty in an estate subject to the jurisdiction of this state and without being survived by any person entitled to that same property under the laws of this state, such estate property shall be designated escheat property and shall be subject to the provisions of RCW 11.08.140 through 11.08.300;

Escheat means reversion of property to the Tribe because no valid heir or person to inherit exists.

Escheat means any property the owner of which dies intestate and without leaving legal heir;

Examples of Escheat in a sentence

• The AGPI Program includes assets for, among others, the Escheat Fund, public hospitals, Local Government Other Post-Employment Benefits Trusts, Local Government Law Enforcement Special Separation Allowance Trusts, and the North Carolina Conservation Grant Fund, as well as entities such as the State Health Plan, the Disability Income Plan, and the State Educational Assistance Authority.

• Information on the Escheats Alternatives Benchmark is available in Appendix 2, Part B.Within the Escheat Alternatives portfolio, pursuant to N.C.G.S. §§ 147-69.2A and 147-69.2(b)(12)(c), the State Treasurer is required to invest 10% of the Escheat Fund through the Venture Capital Multiplier Fund.

• Performance data for these assets are shown below: Market Value ($000) Additional financial information on the Escheat Fund is available in the Other Investment Programs statement in Appendix 1, Part B.

• After Closing, Purchaser shall be solely responsible for the proper reporting and transmission to the appropriate governmental entity of Escheat Deposits.

• The North Carolina Department of State Treasurer is charged with the administration of the Escheat and Abandoned Property Program.

More Definitions of Escheat

Escheat refers to the process of transferring Unclaimed Property (or the sale proceeds of Unclaimed Property) to the appropriate State. Each State has its own Escheat or Unclaimed Property rules which may include selling the contents of the Box and/or destroying contents with little or no apparent financial value. The contents of the Box, or the proceeds of the sale of the contents, may be transferred to the appropriate State if contents of the Box are abandoned in accordance with State law. Xxxxxx agrees that the Bank will comply with any State or government agency requests concerning the reporting and handling of abandoned property. Xxxxxx agrees that abandoned contents may be photographed.

Escheat means any payment to a State, State Treasurer, or unclaimed fund account maintained by a State or State Agency.

Escheat means the descent or devolution of property to this state pursuant to the state constitution of 1963, the laws of this state, or this act.

Escheat means the descent or devolution of property to the state under and by virtue of the constitution of the state, the provisions of the general laws of this state, or the provisions of this act.

Escheat refers to the process of transferring Unclaimed Property (or the sale proceeds of Unclaimed Property) to the appropriate State. “Unclaimed Property” means box contents that have been deemed abandoned by the Renter under state law. Each State has its own Escheat or Unclaimed Property rules which may include selling the contents of the box and/or destroying contents with little or no apparent financial value. The contents of the box, or the proceeds of the sale of the contents, may be transferred to the appropriate State if contents of the box are abandoned in accordance with State law. Xxxxxx agrees that Credit Union will comply with any State or government agency requests concerning the reporting and handling of abandoned property. Xxxxxx agrees that abandoned contents may be photographed. Governing Law; Severability. This Agreement shall be governed by the laws of the State of Texas, including, without limitation, the Texas Credit Union Act. In addition to the remedies provided in this Agreement, Credit Union may avail itself of any or all of the remedies provided by the laws of the State of Texas. A determination that any provision of this Agreement is invalid or unenforceable shall not affect the remaining terms hereof.

Escheat refers to the process of transferring Unclaimed Property (or the sale proceeds of Unclaimed Property) to the appropriate Texas State agency. Texas’ Escheat or Unclaimed Property rules may include selling the contents of the Vault, transferring the contents to a Texas State clearinghouse, and/or destroying contents with little or no apparent financial value. The contents of the Vault, or the proceeds of the sale of the contents, may be transferred to the appropriate Texas State agency if the contents of the Vault are abandoned in accordance with Texas law. The Primary Renter agrees that SVI shall comply with any Texas or government agency requests concerning the reporting and handling of abandoned property. The Primary Renter agrees that abandoned contents may be photographed.

Escheat refers to the process of transferring Unclaimed Property (or the sale proceeds of Unclaimed Property) to the appropriate State. “Unclaimed Property” means box contents that have been deemed abandoned by the Renter under state law. Each State has its own Escheat or Unclaimed Property rules which may include selling the contents of the box and/or destroying contents with little or no