5 chapters · 65 sections in this title.
A.S.C.A. § 40.0501 Definitions
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As used in this chapter, unless the context clearly requires otherwise. (1) “Personal property” means money, negotiable instruments, chooses in action, interest, debts or demands due to the escheated estate, stocks, bonds, deposits, machinery, farm crops, live stock, fixtures, an…
A.S.C.A. § 40.0502 Intestate estates to escheat–Notice to Attorney General
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(a) If any person, who, at the time of his death, is the owner of any personal property in this Territory, and died, intestate, without heirs or known kindred, capable of inheriting the same, and without leaving a surviving spouse, such personal property, shall escheat to the Ter…
A.S.C.A. § 40.0503 Unknown owner’s property to escheat-Exemptions
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Whenever the owner, beneficial owner, or person entitled to any personal property within this Territory, has remained unknown for the period of 14 successive years, or whenever the whereabouts of such owner, beneficial owner or person, has remained unknown for the period of 14 su…
A.S.C.A. § 40.0504 Jurisdiction of the High Court
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The High Court, Trial Division, has jurisdiction in all escheat cases. History: 1988, PL 20-64.