You may be one of millions of people owed money by your State or Province!
Most States or Provinces acquires unclaimed property through their "Unclaimed Property Law", which requires "holders" such as corporations, business associations, financial institutions, and insurance companies to annually report and deliver property to the States or Province Controller's Office after there has been no customer contact for three years.
Often the owner forgets that the account exists, or moves and does not leave a forwarding address or the forwarding order expires. In a few cases, the owner of the account dies and the heirs have no knowledge of the property.
The most common types of Unclaimed Property are:
- Bank accounts and safe deposit box contents
- Stocks, mutual funds, bonds, and dividends
- Certificates of deposit
- Uncashed cashier’s checks and money orders
- Matured or terminated insurance policies
- Trust funds and escrow accounts
- Mineral interests and royalty payments
- Uncashed Insurance Checks
Some States or Provinces "Unclaimed Property Law" does NOT include real estate property. Unused gift certificates are also generally excluded from unclaimed property and are not sent to the State or Province as unclaimed property.
The"Unclaimed Property Law"was enacted to prevent holders of Unclaimed Property from using your money and taking it into their business income. This law gives the State or Province an opportunity to return your money and provides citizens with a single source, the State or Province Controller's Office, to check for Unclaimed Property that may be reported by holders from around the country.
To find out if any of this unclaimed money belongs to you or a family member, visit the following links:
Unclaimed Money In The United States-
Rhode Island Unclaimed Money (Bottom of the Rhode Island Money blog)!
For Unclaimed Money In these Provinces Of Canada-
Good luck and I hope you find some money that belongs too you!
Mississippi College Money