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escheatment |
Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia, Hutchinson | 0.02 sec. |
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escheatment noun act of reverting, confiscation, conversion to the government, deprivation, descent by forreiture, forfeiture, reversion to the government, reversion to the state How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| In a situation where the Holder's books and records do not reflect the name and last known address of the owner, or the jurisdiction does not provide for the escheatment of the particular property type (in the case where the owner's information is available), the court concluded that the property must be relinquished to the Holder's jurisdiction of incorporation. 0 also includes a new check management module featuring browser-requested stops, voids, re-issues, payment status and escheatment of paper payments. In fact, such legislation had already been proposed as the Equitable Escheatment Act. |
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