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The Treasury Safekeeping Trust Company kept several billion dollars in securities owned by state agencies and the treasury. Unclaimed money from dormant bank accounts, insurance benefits, corporate dividends, and mineral proceeds, for example, were handled through the Unclaimed Property Division, which the treasury used to locate missing owners.
The website aims to "facilitate the return of unclaimed money to the rightful owner" using a multi-state database platform to search and claim forgotten funds. Users can first go to Unclaimed.org ...
Unclaimed property laws in the United States provide for two reporting periods each year whereby unclaimed bank accounts, stocks, insurance proceeds, utility deposits, un-cashed checks and other forms of "personal property" are reported first to the individual state's Unclaimed Property Office, then published in a local newspaper and then ...
Unclaimed property is monetary assets that have been left behind or forgotten about, such as checking and saving accounts, uncashed checks or proceeds from insurance policies, the agency says.
Therefore, even if the $5 billion collected in 2006 held constant for the years 2007 through 2010, state agencies likely added another $20 billion or so to their unclaimed property totals ...
For a related article on the former office, see entry on Texas State Treasurer. Pages in category "State treasurers of Texas" The following 9 pages are in this ...
First, the county advertised the unclaimed assets for 60 days, per the judge's order, to give property owners one more opportunity to step forward. Now the treasurer's office is cutting the checks ...
It sets ethical standards for the treasury profession in state and local government. The treasurer of a public agency is elected by the voting public or are appointed staff. Public treasurers are primarily responsible for managing the revenue and cash flow of the agency.