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12 U.S.C. § 216

Title 12 Chapter 2 Current through PL 116-220 ~1 min read Last updated: March 30, 2026 View on OLRC →
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§ 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;
  • (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.

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