Tuesday, November 15, 2011

Unclaimed Property News Roundup:

Illinois Launches "Operation Reunite" For Veterans -- According to the Chicago Sun-Times, Illinois State Treasurer Dan Rutherford has commenced a new initiative to return medals and other military items to veterans.  According to the article, the Illinois Treasurer has over 200 military items, including 15 Purple Hearts, a Navy Cross, and other awards and artifacts.  For more information on Operation Reunite, check out the Treasurer's website.

Wisconsin Collects $20 Million --  According to the blog of the Wisconsin State Treasury, the Badger State raked in more than $20 million during the past reporting period.  Interestingly, the Treasury also produced this video to assist holders with the reporting process.

New Yorker Missing $1.7 Million -- Nina Pineda of Channel 7 "Eyewitness News" in New York City recently published an article (with video) about unclaimed property held by the New York State Office of Unclaimed Funds.  According to the article, the OUF is holding more than $1.7 million for one lucky New Yorker.  Perhaps unsurprisingly, the last known address of that individual (who is not being disclosed) was in Manhattan.

Maine & ACS Present:  A History of Unclaimed Property Law -- About a month ago, the Maine State Treasury & ACS Unclaimed Property Clearinghouse hosted an Unclaimed Property Holder Seminar.  The slides that accompanied that presentation give a good concise history of the development of unclaimed property laws.  If you are interested in the history of unclaimed property law (and, really, who isn't?) you should check it out.

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