Florida’s law regarding payouts of unclaimed property is unconstitutional, a St. Petersburg resident argued in a lawsuit filed Friday in federal court, because it doesn’t include interest payments accrued after the state receives the money.
Alieda Maron owns $26.24 worth of property that is held in custody by the state. When she claims it, the state won’t pay out any interest or dividends accrued on the funds, which she argued is a violation of the Fifth Amendment to the U.S. Constitution, which prohibits the government from taking private property for public use “without due compensation.”
“While the State has held Ms.
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