How does the unclaimed funds process work if I decide to hire a paid professional finder?
A. Finder’s agreements must contain specified information under Ohio law. After a person signs an agreement with a finder, the finder must submit the agreement to the Division for determination that all requirements are met. Among other requirements the agreement must specify: The nature and value of the unclaimed funds; the amount the owner of the funds will receive after the finder’s fee or compensation is subtracted; a statement that the State of Ohio will pay the unclaimed funds directly to the owner; a statement that the finder is not an employee or agent of the Department of Commerce; a statement that the Commerce director is not a party to the agreement; a statement that the finder holds a valid Certificate of Registration issued by the Commerce Director; and the registration certificate number and expiration date. If the agreement between the finder and the owner of the unclaimed funds meets all requirements, the Division sends the claim form to the finder. The finder or the pr
