Welcome to the 1520 Perfect Dictionary
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| Escheatment | |
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| ESCHEATMENT Definitions: i. The process of transferring assets to the state. ii. The process of returning lost or unclaimed property to the government of a State for safekeeping until the owner(s) is identified. iii. The process of submitting abandoned or unclaimed funds or property to the state. iv. The process of identifying customer's deposit (checking, saving, etc.) and time deposit (CD) accounts that are considered abandoned and remitting the funds to the appropriate state if the customer cannot be contacted to re-activate the account. ______________________________________________________________________ * All ten elements would be in. 1. Backed by the extant laws. 2. Purposeful and necessary. 3. Procedures adopted okay. 4. Timing and duration taken to make action cost-effective. 5. Authority is lawful in the situation; not by a failed state. 6. Safekeeping sure guaranteed. 7. Mismanagement not possible. 8. Recovery or claim can occur. 9. Economy & public weal improves; achieves objective(s). 10. Transparency in transactions present (connect to #7). | |
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1520 Products was established in 2005 with the purpose of entertaining and teaching us on key and important aspects of life (such as marriage, sex, etc) through the playing of games which will allow us to laugh but at the same time pass a message of what is the right or ideal way. |
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 1520 Sex Game |
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 1520 Marriage Game |