Escheat of Unclaimed Deposits in Financial Institutions

Format:

Book

Government document

Author/Creator:

Library of Congress. Congressional Research Service

Language:

English

Subjects (All):

Courts.

Due process of law.

Financial institutions.

Physical Description:

1 online resource

Contained In:

ProQuest U.S. Congressional Research Digital Collection

Place of Publication:

[Washington, D.C.] [publisher not identified] 1980

Summary:

Discusses State laws on escheat of unclaimed deposits in financial institutions, which generally hold that unclaimed assets are transferred to State ownership. Covers Constitutional due process requirements for State escheat laws, applicability and enforcement of State escheat laws regarding Federally-chartered institutions, and conflicting court decisions regarding State claims

Notes:

CRS Report

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed June 2010). Reuse except for individual research requires license from ProQuest, LLC

Vendor supplied data

Other Format:

Microfiche version Library of Congress. Congressional Research Service. Escheat of Unclaimed Deposits in Financial Institutions

Publisher Number:

CRS-1980-AML-0055

Access Restriction:

Restricted for use by site license