(Part 1 of 2)

The state of California’s unclaimed money program takes in approximately three hundred million dollars every year. Why should you care? Well, if you or someone you know is or ever was a resident of the Golden State (or had any kind of business dealings, whether you knew it or not), part of that big heap of California missing money could very well belong to you!

Under the state of California unclaimed funds law, missing money like forgotten checking and savings accounts, uncashed checks and money orders, mineral deposits, salary checks, cash and stock dividends, state of California unclaimed tax refunds, gift certificates, and other financial assets are passed along to the Treasury Department if their owners don’t locate them within a given period. This ‘dormancy period’ varies widely from state to state, but in California it’s three years. These unclaimed monies then go to the California unclaimed property div, where they wait in the state’s general fund until they are returned to the rightful owners. This is where state employees who handled California unclaimed cash were criticized recently. It seems that they have been all to happy to track down and take hold of the lost funds from the various establishments holding them but but were less than enthusiastic about locating the owners in the California unclaimed money database.

(to be continued)

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More bodies remain unclaimed (The Beacon News)
For some people, money is so tight they can’t afford to bury their loved ones when they die.

Ever heard about unclaimed money? Read ahead and know all you … – Corsavoo.com

Ever heard about unclaimed money? Read ahead and know all you … Corsavoo.com, France - Sep 7, 2008 Are you eager to know what the money is all about? It is the unclaimed money in the nation Are you wondering how this unclaimed money come into existence? …

Millions in economic stimulus payments still unclaimed in S.D. (Rapid City Journal)
State officials are working to give away millions of dollars in economic stimulus checks before the deadline passes, according to state auditor Rich Sattgast.