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Unclaimed property laws in the United States provide for two reporting periods each year whereby unclaimed bank accounts, stocks, insurance proceeds, utility deposits, un-cashed checks and other forms of "personal property" are reported first to the individual state's Unclaimed Property Office, then published in a local newspaper and then ...
Escheatment is the process of returning lost or unclaimed property to the government of a state, for safekeeping until the owner is identified. Geographic jurisdiction of the state is determined by the last known address of the original owner. Each state has laws regulating escheatment, with holding periods typically ranging around five years ...
State Officers Compensation Commission, responsible for setting salaries for Governor, Lieutenant governor, Supreme court justices, and Legislators with the seven Commissioners appointed by the Governor [1]
Property law is characterised by a great deal of historical continuity and technical terminology. The basic distinction in common law systems is between real property (land) and personal property (chattels). Before the mid-19th century, the principles governing the transfer of real property and personal property on an intestacy were quite ...
Unowned property includes tangible, physical things that are capable of being reduced to being property owned by a person but are not owned by anyone. Bona vacantia (Latin for "ownerless goods") is a legal concept associated with the unowned property, which exists in various jurisdictions, with a consequently varying application, but with origins mostly in English law.
MissingMoney.com is a web portal created by participating U.S. states to allow individuals to search for unclaimed funds. [1] It was established in November 1999, [2] as a joint effort between the National Association of Unclaimed Property Administrators (NAUPA) and financial services provider CheckFree. [3] By December of that year, 10 states ...
The state treasurer oversees the collection, investment, and disbursement of all state monies, and also administers major tax laws, safeguards the credit of the state, and distributes revenue sharing monies to local units of government. It is an unelected office within the executive branch. [2] The current state treasurer is Rachael A. Eubanks ...
HM Revenue and Customs (HMRC) guidelines state: "Council Tax is a tax on property. In principle it may be an allowable deduction in those instances where other property-based expenses are deductible." [63] The Valuation Tribunal Service states that: "The tax is a mix of a property tax and a personal tax.