Thursday, July 21, 2011
North Dakota Holding $32 Million
According to an article posted on the Forum of Fargo-Moorhead (ND), the State of North Dakota is currently holding about $32 million in unclaimed funds for its residents. While the amount held and returned by North Dakota are smaller than others in dollars, the state does very well in returning money by percentage. According to the article, "In fiscal year 2010, the state took in $3.8 million in unclaimed property and paid out $1.5 million." That's a nearly 40% rate of returned property.