What is an unclaimed fund or unclaimed property?
Unclaimed Property is legally defined as any financial asset that has been left inactive by the owner for a specified period of time (usually 3 to 5 years). The most common types of unclaimed funds or unclaimed property are: • Bank accounts and safe deposit box contents • Stocks, mutual funds, bonds, and dividends • Uncashed cashier’s checks and money orders • Certificates of deposit • Matured or terminated insurance policies • Estates • Mineral interests and royalty payments • Trust funds and escrow accounts Return to top.
