Unclaimed State Property

Unclaimed money and other intangible personal property held by corporations and others must, by law, be turned over to the appropriate state governments. These state governments normally keep such funds in interest bearing accounts until it is claimed by the owner or heirs.

 

 

 

 

 

Some examples of unclaimed money are:

  •  Utility Deposits
  • Lost Tax Refunds
  • Stocks
  • Bank Accounts
  • Unclaimed Life Insurance Pay Outs
  • Contents of Safety Deposit Boxes
  • Demutualization of a Life or Health Insurance Company