40.0501 Definitions.

Cite as [A.S.C.A. § 40.0501]

As used in this chapter, unless the context clearly requires otherwise.

(1) "Personal property" means money, negotiable instruments, chooses in action, interest, debts or demands due to the escheated estate, stocks, bonds, deposits, machinery, farm crops, live stock, fixtures, and every other kind of tangible or intangible property and the assertions thereon, up until the time of the commencement of the action for escheat. It does not mean real property or the property in the custody of any court in this Territory, nor any property covered by sections 28.1601 to 28.1615.

(2) The terms "owners", beneficial owner", "person", "person having custody or possession", "person having any interest", person entitled to", or any word, term phrase of similar import, mean and includes corporations, companies, associations, societies, firms, partnerships, joint stock companies, fiduciaries of any nature, as well as individuals.

(3) ”Treasurer" means the Treasurer of American Samoa.

History: 1988, PL 20-64.