Unclaimed Property Rush Big This Year
LAS VEGAS (AP) — Officials say the number of Nevadans claiming their abandoned property was way up in June compared with last year after the state treasurer’s office published its annual unclaimed property list in newspapers.
State Treasurer Kate Marshall gives partial credit to the advertising blitz for attracting more than 11,000 claims in June, up about 4,600 from last June.
The state maintains a searchable database of assets such as uncashed payroll checks, unreturned utility deposits and unused gift certificates. Businesses that can’t track down the rightful owner after about three years must return the assets to the state.
Nevada’s unclaimed property division is currently safeguarding about $650 million. It returned about $35 million in assets last year.
You can search the database of the Nevada treasurer’s website by clicking here.
Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.