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Settlement of Delaware lawsuit transfers $1.5M in unclaimed property to Kansas - Garden City Telegram

Summary by The Garden City Telegram
TOPEKA — The state treasurer for Kansas said the bipartisan settlement of multistate litigation against Delaware regarding unclaimed property from a money-transfer company would result in $1.5 million being forwarded to Kansas for distribution to consumers.The dispute had its roots in action by Delaware to distort federal law in a way that led Delaware-incorporated MoneyGram to forward uncashed checks solely to Delaware instead of back to states…

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