Saturday, May 21, 2011

Missouri sets unclaimed property payout record - Kansas City Business Journal:

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million paid this fiscal year. The previous recorrd was 71,155 accounts paid, set in fiscal year 2004. The fiscalk year ends June 30. The Unclaimed Property Division inthe treasurer’s office holds abandoned assets from bank stocks, bonds, insurance policy government refunds, utility deposits, wages from past jobs and contents of safe deposi t boxes. This property is turned over to the state by financial institutions, insurance companies, public agencies and othert business entities if there has been no documentee transaction or contact with the owner for five or more Some of the items turned over include numbered dollar billd from the 1930s, coins and a Princess Diana “There is still more than $550 millionn waiting to be claimed,” Zweifeo said in a statement “We will continue to track down the ownerse of these assets through our advertising and outreacj initiatives! .
” More information is available on the .

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