Unclaimed bank deposits

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When the Governor is informed or has reason to believe that any bank, banker, or other banking institution in the Virgin Islands has or holds on deposit or otherwise any fund, funds, or other property of any kind or nature which has escheated to this territory, he shall direct the United States attorney to file in the District Court an information or bill of discovery, with proper interrogatories to be answered by the owner, agent, or manager of such bank or banking institution, and upon the filing of such information or bill the court shall order and direct, at a time to be designated in the order, that the owner, agent or manager of such bank or banking institution shall, under oath, file an answer to the information and interrogatories, and shall specially answer each and every interrogatory contained in such information or bill. If it appears to the court from such answer that the bank, banker or banking institution has any property in its possession which has escheated or may escheat to this territory, it shall direct the bank, banker, or banking institution forthwith to bring the same into such court, and the court shall proceed to dispose of the property as provided elsewhere in this chapter.


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