Delaware Loses Bid to Keep Uncashed MoneyGram Checks
Constitutional Law Reporter
APRIL 11, 2023
In Delaware v. Delaware claims it has the power to escheat the proceeds of two financial products sold by banks on behalf of MoneyGram: Agent Checks and Teller’s Checks (collectively, Disputed Instruments). MoneyGram applied the common-law escheatment practices outlined in Texas v. New Jersey , 379 U.S.
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