For the second time in as many months, a federal appeals court has said federal law doesn't pre-empt state government audits of unclaimed property issued by an out-of-state subsidiary of a Delaware corporation.

In a four-page non-precedential ruling, a three-judge panel of the U.S. Court of Appeals for the Third Circuit on Monday said state officials may assess whether stored-value card funds issued by Office Depot Inc.'s Virginia-based subsidiary belonged to the corporate parent and may be forfeited to Delaware's state coffers.