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What does the State Treasurer do with personal property other than cash, i.e. safe deposit boxes, turned over by banks?

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What does the State Treasurer do with personal property other than cash, i.e. safe deposit boxes, turned over by banks?

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The Treasurer attempts to locate the owners or their heirs by advertising the names in local papers. If an owner is located the property is returned. If not, the personal property is appraised and put up for public auction.

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