The purpose of this subchapter is to dispose of unclaimed property in the possession, custody, or control of the Comptroller of the Currency by-
(1) providing final notice of the availability of unclaimed property from closed national banks;(2) barring rights of claimants to obtain such property from the Comptroller after a reasonable period of time following such notice; and(3) authorizing the Comptroller to dispose of such property for which no claims have been filed and validated under this subchapter. Pub. L. 96-221, title VII, §731, as added Pub. L. 97-320, title IV, §408, Oct. 15, 1982, 96 Stat. 1513; amended Pub. L. 109-351, title VII, §725(c)(1), Oct. 13, 2006, 120 Stat. 2001; Pub. L. 109-356, title I, §123(c)(1), Oct. 16, 2006, 120 Stat. 2029.EDITORIAL NOTES
AMENDMENTS2006-Par. (1). Pub. L. 109-351 and 109-356 amended par. (1) identically, striking out "and closed banks in the District of Columbia" before semicolon at end.