Escheat used in a sentence

Escheat in a sentence as a noun

If the box is escheated, the papers would be immediately shredded, and the USB keys auctioned off.

If you're in the US, just make sure you sign into your brokerage account once or twice every year, to avoid your stocks going into escheat.

Eventually the profits will either be spent or escheat to the state when the last heir to a fortune dies without any descendants.

FYI, the state of California has been known to escheat the contents of safe deposit boxes under certain circumstances.

Important to know that in many US jurisdictions, uncashed checks eventually "escheat" to the state as unclaimed property.

California does have escheat[1] laws which deal with unclaimed property and how the state handles situations where no rightful owner comes forward to claim.

In other words, copyright is a property right, but when there is no one left to exercise that right, the property escheats to the state and thereby becomes property of all.

In some states if you take no action to recover it they will be required to "escheat" the money to the safekeeping of the state treasurer to await your eventual claim for it.

Does tip4commit keep it?I also wonder if tip4commit has looked into whether there is a legal requirement for them to escheat the funds to the state to hold for the individual if the individual doesn't claim it.

To take it out of the virtual world- can the government escheat from a restaurant the remaining value of food at a buffet restaurant where you are allowed five trips to the buffet but only use two?

When the original creator of a work has abandoned their attempt to monetize their efforts, to the point where they are now trying to destroy their work, it should escheat to the public domain immediately.