Dormancy period definition

Dormancy period means the statutorily specified span of time after which an owner’s failure to indicate an interest in property will result in the property’s being presumed abandoned and subject to reporting and delivery to the division.
Dormancy period means the period of years provided for by a Signatory State's UP Laws upon the expiration of which the Proceeds must escheat to the Signatory State.
Dormancy period means the period of seven years referred to in section 4(1);

Examples of Dormancy period in a sentence

  • Dormancy period for stock or other equity interest in business association and certain debts; calculating whether stock or security interest is unclaimed.

  • Dormancy period costs from 2025 to 2035 are captured in both Periods 5 and 6.

  • Recommendations Dormancy period should be based on evidence that particular periods avoid the premature escheat of property; maximize the recovery of property; and promote uniformity.

  • Factors affecting Storage Losses and the Dormancy period of Potato.

  • Dormancy period begins after court has released funds and check has been sent to the last known address.


More Definitions of Dormancy period

Dormancy period means the period of time, as speci- fied for each property type in this chapter, that must pass before the property is presumed abandoned.
Dormancy period. ’ means— 20
Dormancy period means the period during which a holder may hold a property interest before it is presumed to be abandoned; and
Dormancy period means the period of six years referred to in section 4(1); “financial institution” means a person carrying on financial services business;
Dormancy period means the period of seven years referred to in section 4(1); “financial business” means financial business as defined in the Financial
Dormancy period means the period of seven years referred to in section 4(1); “dormant account” means a dormant account referred to in section 4(1);
Dormancy period means a period of not less than four years.