
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 12USC216]

 
                       TITLE 12--BANKS AND BANKING
 
                        CHAPTER 2--NATIONAL BANKS
 
SUBCHAPTER XVII--DISPOSITION OF UNCLAIMED PROPERTY RECOVERED FROM CLOSED 
                             NATIONAL BANKS
 
Sec. 216. Purpose

    The purpose of this subchapter is to dispose of unclaimed property 
in the possession, custody, or control of the Comptroller of the 
Currency by--
        (1) providing final notice of the availability of unclaimed 
    property from closed national banks and closed banks in the District 
    of Columbia;
        (2) barring rights of claimants to obtain such property from the 
    Comptroller after a reasonable period of time following such notice; 
    and
        (3) authorizing the Comptroller to dispose of such property for 
    which no claims have been filed and validated under this subchapter.

(Pub. L. 96-221, title VII, Sec. 731, as added Pub. L. 97-320, title IV, 
Sec. 408, Oct. 15, 1982, 96 Stat. 1513.)
