(Part 1 of 2)

The state of California’s unclaimed money program takes in about $300 million annually. What’s it to you? Well, if you or anyone you know is or ever was a resident of the Golden State (or ever had any type of business dealings, whether you were aware of it or not), part of that big pile of Cali unclaimed money might easily belong to you!

Under the state of California unclaimed funds law, missing money such as forgotten savings and checking accounts, cash and stock dividends, mineral deposits, uncashed checks and money orders, state of California unclaimed tax refunds, salary checks, gift certificates, and other financial assets are handed over to the Department of the Treasury if the rightful owners don’t come for them within a given time period. This ‘dormancy period’ varies widely from state to state, but in Cali it’s 3 years. These lost assets then go to the CA unclaimed property division, where they sit in the state’s general fund until they are returned to the people they truly belong to. This is where state employees in-charge of the Cali unclaimed cash were recently criticized. It appears that they were eager to locate and take hold of the lost funds from the various establishments holding on to them but but were less than enthusiastic about tracking down the owners in the Cali unclaimed money list.

(to be continued)

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State Treasury looks for owners of $400 million – Connecticut Post
The state Treasury Department is looking for takers for about $400 million it has in unclaimed funds. The unclaimed property includes dormant balances in savings and checking accounts, uncashed checks for insurance benefits, and unclaimed wages …

Unclaimed money from CTBigList (WTNH-TV New Haven)
The State of Connecticut is making another push to reunite people with their unclaimed money.

Unclaimed money from CTBigList – WTNH.com
(WTNH) – The State of Connecticut is making another push to reunite people with their unclaimed money. The Treasurer’s Office published the names of nearly 34,000 thousand people in Connecticut who have money coming to them. The list of names was in …