The person in possession of escheated property shall be liable for the rent of real estate and hire of personal property, whether he claim title or not. Where the escheat is established, the court shall determine and decree rent or hire to the state, if any be due, and may make an allowance in proper cases to a party for the care of the property. In case the party in possession refuse or fail to deliver possession to the escheator who is authorized to receive the same, such party shall be liable to double the value of the rent or hire for the time he may so withhold possession, to be determined by the court on petition of the escheator. Decrees rendered in matters of escheats shall be conclusive against all parties thereto and privies, but may be reviewed by the supreme court on appeal.
Structure Mississippi Code
Title 89 - Real and Personal Property
§ 89-11-1. When property shall escheat
§ 89-11-3. County administrator or sheriff is escheator; his duty, and duty of the assessor
§ 89-11-5. Proceedings to establish escheats
§ 89-11-7. What persons summoned; publication made
§ 89-11-9. A claimant not a party may answer
§ 89-11-11. Proceedings in court
§ 89-11-13. Persons in possession liable for rent or hire of escheated property
§ 89-11-15. Reports by escheator
§ 89-11-17. Sale of escheated personalty; payment of debts
§ 89-11-19. How real estate subjected to payments of debts
§ 89-11-21. Where escheated land is recovered from the purchaser
§ 89-11-23. Proceeds of personal property reclaimed
§ 89-11-25. Proceedings, where had
§ 89-11-27. Costs shall be allowed as in other cases
§ 89-11-29. Institution of escheat proceedings
§ 89-11-31. Sale of severed minerals which escheat to the state