Sentences with phrase «state escheat»

Not exact matches

They'll come up with every creative way possible to relieve you of your assets, even when it means declaring you dead and «escheating» your funds to the state.

All funds pertaining to the redemption of any outstanding certificates were processed and escheated to the respective states of the last known address of the shareholder as abandoned property in 1996.

This transfer of property to the state is known as «escheat.»

Their share of the proceeds would get escheated to the state until they file a claim to collect it (if they ever do).