Transcription of Unclaimed Property 101
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Unclaimed Property 101
September 30, 20091 Unclaimed Property 101 The Essentials of Reporting & ComplianceSteve Edwards, Bureau ChiefState of California Unclaimed PropertyValerie Jundt, Managing Director Keane Consulting & Advisory ServicesRachel Lewis, Administrator State of AlaskaAgenda What is Unclaimed Property ? Rules of Jurisdiction Why Should I Care? Applicable Property Types Gathering Relevant Data Systems Analysis and Process Improvements Recent Cases and Statutory Updates Reciprocity Best Practices and Next Steps Unclaimed Property Websites/ResourcesWhat is Unclaimed Property ?3 Definition Intangible personal Property that has gone Unclaimed by the rightful owner after a specified period of time Has its roots in English common law Escheat vs.
September 30, 2009 1 Unclaimed Property 101 The Essentials of Reporting & Compliance Steve Edwards, Bureau Chief State of California Unclaimed Property
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