Mar 29, 2010 13:59
14 yrs ago
English term

escheat

GBK English to Slovak Law/Patents Law (general)
The reversion of property to the state when a decedent dies intestate and there are no heirs capable of inheriting, or when the property is abandoned.
Example sentences:
In some states, bank deposits and bank dividends which have been unclaimed for a certain period may escheat to the state. (reference.howstuffworks.com)
Before performing an escheat analysis, one must properly identify states in which escheat laws apply and determine the applicable escheat laws and regulations. (The New York State Society of CPAs)
Generally, since states often do not have a statute of limitation with respect to escheat property, they often look back ten years or more to claim improperly held property. (Schenck SC)
Proposed translations (Slovak)
5 pripadnutie majetku štátu
Change log

Mar 29, 2010 13:41: changed "Kudoz queue" from "In queue" to "Public"

Mar 29, 2010 13:59: changed "Stage" from "Preparation" to "Submission"

Apr 1, 2010 15:03: changed "Stage" from "Submission" to "Selection"

Apr 28, 2010 14:58:

May 28, 2010 14:58:

Proposed translations

15 mins

pripadnutie majetku štátu

Definition from Slovak law :
Dedičstvo, ktoré nenadobudne nijaký dedič, pripadne štátu.<br /><br />40/1964 Zb. § 462
Example sentences:
V § 4 sa zakotvuje inštitút „pripadnutia majetku štátu“ ako sankcia za to, že žalovaný nepreukáže pôvod a spôsob nadobudnutia majetkového prírastku (Slovak government)
Peer comment(s):

agree Michal Zugec
3 days 59 mins
disagree František Tomášik : odúmrť was the original term for this
4 days
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