Unclaimed Property

Nearly $57 million in unclaimed assets in Idaho are just waiting to be claimed. These include stocks, bonds, mutual funds, bank accounts, uncashed payroll checks, utility deposits, traveler’s checks, contents from deposit boxes, and more. Most of the assets are ones that people didn’t know they had or just forgot about, and sometimes they are worth thousands of dollars.

Outside of Idaho

All states in the U.S. have similar laws that govern the reporting and claiming of unclaimed property. Unclaimed Property inquiries for other states may be made through the National Association of Unclaimed Property Administrators (NAUPA). NAUPA provides links to each state’s Web site and most states have an Unclaimed Property List searchable by name.

Uniform Unclaimed Property Act

If your business is holding money, securities, or other funds that haven’t been claimed by an owner for a period of time, then it’s a holder of unclaimed property and must follow the Uniform Unclaimed Property Act. More information on Uniform Unclaimed Property Act.

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