escheat

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Escheat

Reversion of monies or securities to the state in which the securityholder was last known to reside, when no claim by the securityholder has been made after a certain period of time fixed by state law. This is known as the holding period or cut-off date.

Escheat

The acquisition of property by a state or government from the estate of a deceased person. An escheat occurs when the deceased person has no will, no relatives, and no survivors to whom the property would otherwise go. Because it is rare for a person to have no relatives at all, escheats are fairly unusual. The concept has its origins in feudalism, when the immediately superior feudal lord would inherit property that would otherwise be left without an owner. Different states have different laws governing escheats.

escheat

The right of the state to claim a deceased person's property when there are no individuals legally qualified to inherit it or to make a claim to it. This occurrence is fairly unusual even when the deceased leaves no will.

escheat

The reversion of property to the state because of the lack of anyone to inherit it.

References in periodicals archive ?
Exhibit 1-3: Mechanical Coronary Atherectomy, Procedure Volumes Forecast, 2013-2019
As a less radical alternative to Young's procedure, individually molded Silastic obturators have been placed in the nasal vestibules for the treatment of atrophic rhinitis (9) and epistaxis secondary to coagulation deficiency (Bernard-Soulier syndrome).
Lastly, rather than enumerating specific types of procedures, thus appearing to limit what the auditor should perform, the standard calls for the performance of "audit procedures" in the gathering of "appropriate audit evidence.
An NNIS risk index score was calculated for each patient by assigning one point each for a contaminated wound, an ASA score [is greater than or equal to] 3, and surgical procedures lasting longer than the NNIS-derived 75th percentile for the duration of the procedure (23).
There are two main reasons for concern about what policies and procedures you have written.
of Case Western Reserve University in Cleveland, said doctors had never tested the procedure in a large randomized controlled trial, the most scientifically rigorous type of study.
Your new and improved procedure might look something like this:
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Article 4A requires that the security procedure that a business and a bank adopt be commercially reasonable.
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com announces that a new market research report is available in its catalogue: United Kingdom Cardiovascular Procedures Outlook to 2020 http://www.
81-70 are the age of the revenue procedure and the transformation of the economic landscape.

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