Friday, November 9, 2012

Lost & Found: PA Webinar, IA Auction, Australia Amendments

Pennsylvania to Host Unclaimed Property Webinar -- The Pennsylvania Treasury Department is hosting a free unclaimed property webinar on November 28th.  The Department will provide insight on identifying unclaimed property, reporting to the state, and how to develop effective policies and procedures.  There will also be a live Q&A session.  Registration information is available here.  The seminar also provides CLE credit for Pennsylvania attorneys.

Iowa to Auction Unclaimed Property -- Add Iowa to the list of states offering to sell unclaimed property via auction.  Yesterday, the Iowa State Treasurer's Office announced that it would run its first eBay unclaimed property auction from November 26th to December 3.  The auction is open to all US residents, and the items up for auction can be viewed here.

Australia Considers Unclaimed Property Law Changes -- The Australian Parliament is considering a bill that will shorten the dormancy period for property held by banks and other financial institutions under the Banking Act of 1959.  A summary of the proposed legislation can be foundhere.

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