Which State Receives the Reporting and Escheatment of Unclaimed Property

question 253

Multiple Choice

Which state receives the reporting and escheatment of unclaimed property?

• A) The state where the bank is domiciled, if different from the bank holding company
• B) The state of the customer's last known address, if available and not foreign
• C) The state where the property is located, if a deposit account
• D) The state chosen by a bank holding company, if a multistate operation

---

Definitions:

Measures Of Variability

Statistical values that describe the dispersion or spread in a dataset, such as range, variance, and standard deviation.

Scatter

The distribution of multiple data points in a two-dimensional graph, often used to observe and visually display the relationship between two quantitative variables.

Cracks Per Bar

A metric specifically used to quantify the number of cracks identified in a single bar of material, often used in quality control and materials testing.

Standard Deviation

A measure of the dispersion or variability around the mean in a set of data, indicating how spread out the data points are.