Delaware v. Pennsylvania (Unclaimed Property)
Podcast: Supreme Court Decision Syllabus (SCOTUS Podcast)Published On: Thu Apr 27 2023
Description: Send us a textThe Disposition of Abandoned Money Orders and Traveler's Checks Act requires that abandoned property from a "money order . . . or other similar written instrument," be returned to the state where the property was purchased. This rule is different from the common law, which requires that unclaimed property be returned to the state of incorporation, not the state of purchase. The Supreme Court held that Agent Checks and Teller's Checks, offered by MoneyGram, were sufficiently similar to a money order to be governed by the statutory framework. As a result, these products offered by MoneyGram should be returned to the state of purchase when unclaimed, rather than the state of incorporation (most often, Delaware). Justice Jackson delivered the opinion of the unanimous court (although the Court was not unanimous for a portion of the decision, there is no dissent regarding that portion). Delaware v. Pennsylvania
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