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Profits revert to the state treasury.
Lastly, any profit from the sale of the land or buildings would immediately revert to the state.
If the economy refuses to take off fast, will Mr Putin turn his back on his liberal friends and revert to the state planners of old?
Colonel Qaddafi once declared that any money over $3,000 in anyone's bank account was excessive and should revert to the state.
Aristocrats were now granted salaries and land, but the latter was to revert to the state when the aristocrats left office.
Bloomberg administration officials and municipal unions argue that HIP is unique and that the money should not automatically revert to the state.
Similar(37)
I gave the lawyer's answer that the issue would revert to the states.
On Sunday, Mr. Nader said in a television interview that even if Roe v. Wade was overturned, the issue "would just revert to the states".
If the measure is ever implemented, hundreds of millions of acres of national forests, rangelands, wildlife refuges, wilderness areas and historic sites will revert to the states or local governments or be auctioned off.
And she similarly scoffs at pandering to 1970s feminism on abortion since "women care about more than abortion" and, even if Roe were overturned, it would revert to the states for each to decide.
The unclaimed money remains in separate accounts and never reverts to the state, Mr. Kavaler said.
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