Probate Practice and Procedure

Escheat of Postal Savings System Accounts

SECTION 33-21A-1

§ 33-21A-1. Declaration of escheat.

All postal savings system accounts created by the deposits of persons whose last known addresses are in this state which have not been claimed by the persons entitled thereto before May 1, 1971, are presumed to have been abandoned by their owners and are declared to escheat and become the property of this state.

History of Section.
(P.L. 1971, ch. 28, § 1.)