Connecticut § 50-5 - Avails to be accounted for. Escheat.
Full text of Connecticut Connecticut General Statutes § 50-5 — Avails to be accounted for. Escheat., with citation guidance and answers to common questions.
§ 50-5. Avails to be accounted for. Escheat.
Sec. 50-5. Avails to be accounted for. Escheat. Such person engaged in the express business or as a common carrier shall make an entry on his books of the balance of the proceeds of such sales, credited to the person to whom such article was directed, as nearly as can be ascertained, and, at any time within five years thereafter, shall, on demand, pay such balance to the owner of such article. If such balance is not claimed by the owner within ten years, it shall be disposed of in accordance with the provisions of part III of chapter 32.
(1949 Rev., S. 7290; 1961, P.A. 540, S. 30.)
History: 1961 act changed deadline for claiming balance from 5 to 10 years and specified that after that time balance will be disposed of pursuant to Ch. 32, part III where previously balance simply escheated to state.
Secs. 50-6 and 50-7. Disposition of stray beasts; lost goods. Restoration to owner if claimed; procedure if unclaimed. Sections 50-6 and 50-7 are repealed, effective October 1, 2000.
(1949 Rev., S. 7291, 7292; 1961, P.A. 517, S. 68; P.A. 77-183, S. 277, 291; P.A. 76-436, S. 240, 681; P.A. 00-92, S. 16.)
Source: official Connecticut text · Last verified 2026-08-27
Frequently Asked Questions About Connecticut § 50-5
What does Connecticut General Statutes § 50-5 cover?
Section 50-5 ("Avails to be accounted for. Escheat.") is part of the Connecticut General Statutes, the codified statutory law of Connecticut. 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 Connecticut § 50-5?
A common citation format is "Connecticut General Statutes § 50-5" (Connecticut). 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 Connecticut law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Connecticut official source linked on this page or consult a licensed Connecticut attorney.
How does Connecticut § 50-5 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Connecticut 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 Connecticut.