Wisconsin Constitution > Article IX – Eminent Domain and Property of the State
§ 1 | Jurisdiction on rivers and lakes; navigable waters |
§ 2 | Territorial property |
§ 3 | Ultimate property in lands; escheats |
Terms Used In Wisconsin Constitution > Article IX - Eminent Domain and Property of the State
- 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
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.