§ 716.01 Declaration of policy
§ 716.02 Escheat of funds in the possession of federal agencies
§ 716.03 Department to institute proceedings to recover escheated property
§ 716.04 Jurisdiction
§ 716.05 Money recovered to be paid into State Treasury
§ 716.06 Public records
§ 716.07 Recovery of escheated property by claimant

Terms Used In Florida Statutes > Chapter 716

  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • 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
  • Felony: A crime carrying a penalty of more than a year in prison.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Misdemeanor: Usually a petty offense, a less serious crime than a felony, punishable by less than a year of confinement.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Personal property: All property that is not real property.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Statute of limitations: A law that sets the time within which parties must take action to enforce their rights.