Home > Blossary: Dormant
Dormant means 'latent one' for ex. a dormant account, an account of funds, but which is frozen at a time, or 'dormant inheritance' an inheritance, where noone has claimed it, thus in this case, Public Sector, proceeds to 'call of 'any' inheritants, and a curator of 'dormant inheritance' is assigned by state as procedural representative, of no (legal) claimants are found for a while, thus round one month, then in this case, representive called/assigned, has to accept 'task' within 15 days, to represent Public Sector in this task and all relative (legal) procedures deriving from this task, if no claimant is found, the curator gets a percentage on 'that' amount, being lawyer in this case, so that this property goes to state, in this case.

Category: Law

0 Terms

Created by: KATRAT

Number of Blossarys: 1026

My Terms
Collected Terms

KATRAT hasn't added any terms to this blossary. Blossaries with five terms or more are featured in the blossary collections.

Add a term

Member comments


( You can type up to 200 characters )

Post  
My other Blossarys

Elapse, means 'go by', or 'expiration of ...

Category: Law

By: KATRAT

Develop, further create, work out. For ex. Judge ...

Category: Law

By: KATRAT

Eject, is 'kick out of house a leasee for ex. who ...

Category: Law

By: KATRAT

Effort, is trial, sometimes hard trying, strive, ...

Category: Law

By: KATRAT


© 2020 CSOFT International, Ltd.