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escheatment |
Also found in: Legal, Financial, Wikipedia, Hutchinson | 0.03 sec. |
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escheatment reversion of ownership of property, especially real property, to the crown in the absence of persons legally qualified to inherit. Also called escheat. — escheatable, adj. See also: Property and Ownership |
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? Mentioned in | ? References in periodicals archive | |
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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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escheatment
