(a)  The general treasurer may bring proceedings in the superior court for Providence and Bristol counties to escheat unclaimed postal savings system accounts held by the United States treasury department. A single proceeding may be used to escheat as many accounts as may be available for escheat at one time.

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Terms Used In Rhode Island General Laws 33-21A-3

  • 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
  • United States: include the several states and the territories of the United States. See Rhode Island General Laws 43-3-8

(b)  If the superior court shall find that the notice required by § 33-21A-4 has been duly given not less than twenty (20) days prior to the date of hearing and that no claim to an account has been made (which findings may be supported solely by the affidavit of the general treasurer), then it shall enter a final judgment of escheat against the account. A single final judgment may include more than one account.

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