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abandoned property

Defined in 1 dictionary — Case Law

Definitions from Case Law

From 341 U.S. 428 - Standard Oil Co. v. New Jersey · 1951Most cited · 368 citing opinions

stock certificates and undelivered dividends thereon may also be abandoned property subject to the disposition of the domiciliary state of the corporation when the whereabouts of the owners are unknown for such lengths of time, and under such circumstances, as permit the declaration of abandonment.