Wednesday 30 May 2012

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

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million paid this fiscal year. The previous record was 71,155 accountas paid, set in fiscal year 2004. The fiscalo year ends June 30. The Unclaimed Property Division inthe treasurer’s office holds abandones assets from bank accounts, stocks, bonds, insurancd policy proceeds, government refunds, utility wages from past jobs and contents of safe deposir boxes. This property is turned over to the statd byfinancial institutions, insurance companies, public agencies and other business entities if therer has been no documented transactioj or contact with the owner for five or more Some of the itemxs turned over include numberedr dollar bills from the 1930s, coins and a Princess Dianw doll.
“There is still more than $550 milliojn waiting to be claimed,” Zweifel said in a statement “We will continue to track down the ownerd of these assets througj our advertising andoutreac initiatives.” More information is available on the .

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