American Samoa § 40.0510 - Delivery of escheated property
Full text of American Samoa American Samoa Code Annotated § 40.0510 — Delivery of escheated property, with citation guidance and answers to common questions.
§ 40.0510. Delivery of escheated property
(a) Upon the filing of a final judgment escheating personal property, the person having such property in his possession shall forthwith deliver the same to the Treasurer. If such personal property be in the form of money, the Treasurer shall deposit the same into the general fund of the Territory; if in the form of negotiable securities or personal property, he must give public notice thereof and sell the property at public or private sales, as he may deem to be in the best interest of the Territory, and must deposit the proceeds thereof in the general fund. (b) Before depositing the escheated property or the proceeds in the general fund, the Treasurer must deduct 5% of the money received and pay it to the escheator as a reward for having supplied the information and evidence upon which the escheat was successfully prosecuted and must pay such other fees and costs as the judgment directs.
Source: official American Samoa text · Last verified 2026-08-27
Frequently Asked Questions About American Samoa § 40.0510
What does American Samoa Code Annotated § 40.0510 cover?
Section 40.0510 ("Delivery of escheated property") is part of the American Samoa Code Annotated, the codified statutory law of American Samoa. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite American Samoa § 40.0510?
A common citation format is "American Samoa Code Annotated § 40.0510" (American Samoa). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of American Samoa law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the American Samoa official source linked on this page or consult a licensed American Samoa attorney.
How does American Samoa § 40.0510 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in American Samoa can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in American Samoa.