1. PENNSYLVANIA v. NEW YORK, No. 40, Orig. , SUPREME COURT OF THE UNITED STATES, March 29, 1972, Argued , June 19, 1972, Decided
OVERVIEW: In a dispute between states as to which had the right to escheat unclaimed funds paid to a corporation, the U.S. Supreme Court followed the rule that if a creditor's address did not appear on the books, the state of incorporation could take custody. The rule should not be varied because of concerns about the adequacy of records as to the addresses.
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