escheat
has definitions from the field of law
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1 |
[ noun ] (law) a reversion to the state (as the ultimate owner of property) in the absence of legal heirs
Used in print (The Dallas Morning News,...)He told the committee the measure would merely provide means of enforcing the escheat law which has been on_the_books `` since Texas was a republic '' . The escheat law cannot be enforced now because it is almost impossible to locate such property , Daniel declared . |
2 |
[ noun ] the property that reverts to the state
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