Missouri sets record in returning unclaimed property
By
Kyle Bosch
Story Created:
Jun 11, 2009 at 7:05 AM CST
Story Updated:
Jun 11, 2009 at 7:05 AM CST
JEFFERSON CITY, Mo. (AP) - Missouri Treasurer Clint Zweifel says his office has set a new record for returning abandoned property to people.
Zweifel says the treasurer's office has paid out 71,406 unclaimed property accounts so far this fiscal year, which runs through June 30.
The previous record of 71,155 accounts paid was set in the 2004 fiscal year.
The treasurer's Unclaimed Property Division holds abandoned assets from bank accounts, stocks, bonds, insurance policy proceeds, government refunds, utility deposits, wages from past jobs and contents of safe deposit boxes.
The property is turned over to the state if there has been no documented transaction or contact with the owner for five or more
years. The state then tries to track down the owners.
(Copyright 2009 by The Associated Press. All Rights Reserved.)
More Good Stuff
; "Click for StormVision Doppler Radar")
Most Popular