Constitutional – Taking – Disposition of Unclaimed Property Act

Constitutional – Taking – Disposition of Unclaimed Property Act

Where plaintiff has alleged that provisions in the Disposition of Unclaimed Property Act controlling the payment of interest when property is returned constitute a taking of private property for public use without the payment of just compensation, the complaint must be dismissed because (1) the plaintiff lacks standing to seek injunctive or declaratory relief, (2) the complaint is barred by the 11th Amendment, and (3) the complaint fails to stat…