§ 33-21A-1 Declaration of escheat
§ 33-21A-2 Obtaining information on accounts
§ 33-21A-3 Proceeding to adjudicate escheat
§ 33-21A-4 Notice
§ 33-21A-5 Collection and deposit of funds
§ 33-21A-6 Indemnification of the United States
§ 33-21A-7 Short title

Terms Used In Rhode Island General Laws > Chapter 33-21A - Escheat of Postal Savings System Accounts

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Escheat: Reversion of real or personal property to the state when 1) a person dies without leaving a will and has no heirs, or 2) when the property (such as a bank account) has been inactive for a certain period of time. Source: OCC
  • Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
  • United States: include the several states and the territories of the United States. See Rhode Island General Laws 43-3-8