Meet Your (New) Escheators - Unclaimed Property Related Election Results

Tuesday was election day.  While there were not many well publicized or nationally watched races this year, there were nonetheless some elections that will have an effect on unclaimed property administration. Specifically, two states -- Kentucky and Mississippi -- held elections for State Treasurer (which, in both states runs the unclaimed property office).

In Kentucky, incumbent Todd Hollenbach won reelection to another term.  If Mr. Hollenbach's name sounds familiar, it is because he was the named defendant in the lawsuit brought by American Express challenging Kentucky's decision to shorten the dormancy period for travelers checks to 7 years down from 15.

In Mississippi, Lynn Fitch was elected to be the next State Treasurer.

Louisiana was also originally slated to have an election for State Treasurer this year, but incumbent John Neely Kennedy was unopposed.

Comments

Popular posts from this blog

Unclaimed Property 101 Part 2 ("Where") - Jurisdiction - What State Makes the Rules?

Delware and Temple Inland Settle - Questions to Remain Unanswered

Unclaimed Property in the Caribbean (Part III) - The Jamaica Banking Act