- escheat + -ment (Wiktionary)
“Kittrell's bank goofed; her escheatment shouldn't have happened.”
“I have no problem with escheatment itself (except its slimy-sounding name).”
“And the purport of it was, that on pain of a heavy fine or escheatment, I would hold myself ready and present, to give evidence when called upon.”
“He died intestate in 1819, and never having been naturalized, his property was liable to escheatment by the Commonwealth, but a special Act of the Legislature was passed February 3d, 1821, in which the same was released to his daughter Margaret, who had married Joseph Gray, also a native of Ireland, neither of whom had become naturalized.”
“So how can consumers protect their property from escheatment?”
“To notify property owners of pending escheatment, Delaware's division of revenue simply publishes an ad in The News Journal in Wilmington, according to Patrick Carter, the state's director of revenue, even though the owner could be anywhere in the U.S. or even the world.”
“Suever isn't the only client of Palmer's to lose money to escheatment.”
“But to cover budget shortfalls, some states quietly empty this lost and found into their general funds, trampling private property rights in the process, says William Palmer, a California attorney who has represented many victims of improper escheatment.”
“a heavy fine or escheatment, I would hold myself ready and present, to give evidence when called upon.”
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