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Delaware Vs. New York
Cites for this judgment
- US Supreme Court
- Dec 09, 1992
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Delaware v. NewSearch
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York - 507 U.S. 490 (1992) October Term, 1992 Syllabus Delaware V. NewSearch
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who cannot be identified or located. Pp. 497-510. (a) Under the primary and secondary rules adopted in Texas v. NewSearch
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Jersey, 379 U. S. 674 , 680-682, reaffirmed in Pennsylvania v. NewSearch
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which the principal executive offices of the securities issuer are located. Adhering to the rules announced in Texas v. NewSearch
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Jersey, 379 U. S. 674 (1965), and Pennsylvania v. NewSearch
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as bona vacantia, a process commonly (though somewhat erroneously) called escheat.9 See, e. g., Christianson v. KingSearch
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Cunnius v. ReadingSearch
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Anderson Nat. Bank v. LuckettSearch
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Texas v. NewSearch
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ibid., and frequently no single State can claim an uncontested right to escheat such property. In Texas v. NewSearch
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the fairest, ... easy to apply, and in the 10 See also Western Union Telegraph Co. v. PennsylvaniaSearch
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Standard Oil Co. v. NewSearch
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Id., at 683. We reaffirmed Texas in Pennsylvania v. NewSearch
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to a controversy between States, Kentucky v. IndianaSearch
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U. S. 564, 577 (1972). Accord, e. g., Bishop v. WoodSearch
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U. S. 693 , 710-712 (1976). See also Barnhill v. JohnsonSearch
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the delivery of such deposits to the State affects no property interest belonging to the bank. Security Savings Bank v. CaliforniaSearch
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over property and the private legal obligations inherent in property. Standard Oil Co. v. NewSearch
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supra, at 680, n. 10. Accord, Pennsylvania, supra, at 217218 (Powell, J., dissenting). See also Blodgett v. SilbermanSearch
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Pennsylvania, supra, at 213 (internal quotation marks omitted). Cf. Connecticut Mut. Life Ins. Co. v. MooreSearch
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has not been borne, Walker v. ArmcoSearch
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Pennsylvania, 407 U. S., at 215. 510 V OnlySearch
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Syllabus Delaware V. NewSearch
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Pennsylvania v. NewSearch
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and Pennsylvania v. NewSearch
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Christianson v. KingSearch
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In Texas v. NewSearch
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States, Kentucky v. IndianaSearch
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Bishop v. WoodSearch
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Barnhill v. JohnsonSearch
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Savings v. MaloneSearch
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Cf. Connecticut Mut. Life Ins. Co. v. MooreSearch
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Walker v. ArmcoSearch
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Western Union Telegraph Co. v. PennsylvaniaSearch
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