Funds in Possession of Federal Agencies

Part 1 of 5

All of the property in this provision is declared to have escheated, or to escheat, including all principal and interest accruing thereon, and to have become property of the State of Florida.

All money or other property which has remained in, or has been deposited in the custody of, or under the control of, any court of the United States, in and for any district within this state, or which has been deposited with and is in the custody of any depository, registry, clerk or other officer of such court, or the United States treasury, which money or other property the rightful owner or owners thereof, either:

(a)Has been unknown for a period of 5 or more consecutive years; or,

(b)Has died, without having disposed thereof, and without having left heirs, next of kin or distributees, or

(c)Has made no demand for such money or other property for 5 years;

are declared to have escheated, or to escheat, together with all interest accrued thereon, and to have become the property of the state.

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