Issue Date: 2009-07-21
Revised Date:

Legal Cites

Origin:

1953

Purpose

To hold in suspense amount of proceeds of property sold for taxes in excess of taxes due and cost of the sale, which has not been claimed by owner or heirs of such property. Money is escheated to General Revenue (0001) in due time if not claimed.
Classification Group 08: Trust Funds [?]
Depository Interest Credited to General Revenue Fund (0001)
Disposition of Balance Accumulative
Appropriation Technique Not appropriated for state expenditure.

Administering Agencies

Note

USAS Values

USAS Title DELIN TAX SALES EXCESS TR ACCT
Consolidated Fund
State Fund Group 08 - TRUST FUNDS
USAS Status I
Those funds created to account for assets held by the state in a trustee capacity for individuals, private organizations or other governmental entities