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The Florida Senate

2003 Florida Statutes

SECTION 03
Department to institute proceedings to recover escheated property.
Section 716.03, Florida Statutes 2003

716.03  Department to institute proceedings to recover escheated property.--When there exists, or may exist, escheated funds or property under this chapter, the Department of Financial Services shall demand or institute proceedings in the name of the state for an adjudication that an escheat to the state of such funds or property has occurred; and shall take appropriate action to recover such funds or property.

History.--s. 3, ch. 24333, 1947; s. 11, ch. 25035, 1949; ss. 12, 35, ch. 69-106; s. 1882, ch. 2003-261.