This document discusses escheatment, the process where unclaimed or abandoned property is transferred to the state. It covers definitions of key terms, the background and Uniform Act governing escheatment, the types of unclaimed property covered including cash, credit memos and invoices, and issues like locating heirs, waiting periods, and that nexus and statutes of limitations do not apply to escheated property.

1. Stephanie Beidleman

2.  Definition of Escheatment
 Background on Escheatment
 The Uniform Act

3.  Unclaimed Property
 Locating Heirs
 Waiting Period
 Transferring Ownership

4.  Derivative Rights
 Nexus does not apply
 No Statute of limitations

5.  Unclaimed Property
 Credit Memos
 Cash on Account
 Open Invoices