§ 121. Escheat of property

When any person dies without heirs entitled by law to inherit, leaving any real or personal property in this territory, the same shall escheat to and become the property of this territory.

§ 122. Action by Virgin Islands to recover property

The government of the Virgin Islands may maintain any action or proceeding necessary to recover the possession of any property left under the conditions described in section 121 of this title, or for the enforcement or protection of the rights of this territory thereto or on account thereof, in like manner and with like effect […]

§ 123. Commencement of action

When the Governor is informed or has reason to believe that any real or personal property has escheated to this territory he shall direct the United States attorney to file an information in behalf and in the name of the Government of the Virgin Islands in the district court, setting forth a description of the […]

§ 124. Appointment of receiver

The court, upon the information being filed as provided in section 123 of this title, with and upon the application of the United States attorney, either before or after answer, upon notice to the party claiming such estate, if known, may upon sufficient cause therefor being shown, appoint a receiver to take charge of such […]

§ 125. Appearance and trial of issues

(a) All persons named in the information referred to in section 123 of this title may appear and answer or deny the facts stated at any time before the time for answering expires; and any other person claiming an interest in such estate may appear and be made a defendant by motion for that purpose […]

§ 126. Order of sale

In any judgment rendered by any court of competent jurisdiction, escheating property to this territory, on motion of the United States attorney, the court shall make an order that such property be sold at public sale, and upon such terms, whether for cash or credit, or both, as shall be deemed for the best interests […]

§ 127. Claim to escheated property

Within ten years after judgment in any proceeding had under this chapter, a person not a party or privy to such proceeding may file a petition in the district court showing his claim or right to the property or the proceeds thereof. A copy of such petition shall be served upon the United States attorney […]

§ 128. Unclaimed bank deposits

When the Governor is informed or has reason to believe that any bank, banker, or other banking institution in the Virgin Islands has or holds on deposit or otherwise any fund, funds, or other property of any kind or nature which has escheated to this territory, he shall direct the United States attorney to file […]