[Download] "Lincoln Bank and Trust v. Tax Comn" by South Carolina Supreme Court " Book PDF Kindle ePub Free
eBook details
- Title: Lincoln Bank and Trust v. Tax Comn
- Author : South Carolina Supreme Court
- Release Date : January 11, 1992
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 75 KB
Description
1 The issues to be decided are: (1) Does the district court have jurisdiction to inquire into the underlying basis for administrative process by which the Oklahoma Tax Commission seeks to inspect a state banks financial records upon the belief that the bank has failed to report property deemed abandoned by the Uniform Disposition of Unclaimed Property Act (60 O.S. 1981 ? 651 et seq.)? (2) Does the Financial Privacy Act (6 O.S. 1981 ? 2201 et seq.) pose a barrier to the Commissions search for unreported abandoned property via its own administrative process? and (3) Did the Oklahoma Tax Commission have a legally sufficient reason to believe that the appellee/bank had failed to comply with the reporting requirements of the Uniform Disposition of Unclaimed Property Act? We answer the first and third questions in the affirmative, and the second in the negative.