12 U.S.C. § 216
Section 216 · Purpose
Viewing 12 U.S.C. § 216 as in effect on October 15, 1982. The text changed in 1 later edition (most recent October 16, 2006).
View current version →The purpose of this subchapter is to dispose of unclaimed property in the possession, custody, or control of the Comptroller of the Currency by—
(1) providing final notice of the availability of unclaimed property from closed national banks and closed banks in the District of Columbia;
(2) barring rights of claimants to obtain such property from the Comptroller after a reasonable period of time following such notice; and
(3) authorizing the Comptroller to dispose of such property for which no claims have been filed and validated under this subchapter.