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Escheat Period

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Escheat Period
The period of elapsed time required by applicable state law for property to be presumed abandoned.

Escheat Period
The amount of time required by law for an unoccupied property to be considered abandoned. In the United States, the escheat period varies state by state. See also: Lost, Mislaid, or Abandoned Property, Escheat.


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State laws generally view the escheat period as stemming from the date that the customer initially purchased the card.
 
 
 
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