Escheatment: Difference between revisions

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The US means of dealing with abandoned [[client asset]]s and bank accounts.
The US means of dealing with abandoned [[client asset]]s and [[bank account]]s.


All US states require financial institutions to report when personal property has been abandoned or unclaimed after a stipulated period — often five years.  
All US states require financial institutions to report when personal property has been abandoned or unclaimed after a stipulated period — often five years.