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Sep. 1—WILKES-BARRE — Treasurer Stacy Garrity this week announced that Pennsylvania will receive more than $20 million in unclaimed property following a settlement that concludes the landmark ...
MissingMoney.com is a web portal created by participating U.S. states to allow individuals to search for unclaimed funds. [1] It was established in November 1999, [2] as a joint effort between the National Association of Unclaimed Property Administrators (NAUPA) and financial services provider CheckFree. [3] By December of that year, 10 states ...
If beneficiaries cannot be found after a set number of years, the insurance company must transfer any unclaimed benefits to the state’s Department of Revenue as unclaimed property.
What to know about unclaimed property in Pennsylvania. The state is holding about 32 million properties totaling $4.3 billion, treasury press secretary Samantha Heckel told the Centre Daily Times ...
Unclaimed property laws in the United States provide for two reporting periods each year whereby unclaimed bank accounts, stocks, insurance proceeds, utility deposits, un-cashed checks and other forms of "personal property" are reported first to the individual state's Unclaimed Property Office, then published in a local newspaper and then ...
Treasury's Unclaimed Property Bureau works to reunite more than $2 billion in lost, forgotten and abandoned property with its rightful owners. Since 2009, Treasury has collected $1.134 billion in abandoned property and returned $518 million back to the rightful owners, netting $616 million for the state General Fund budget. [citation needed]
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Delaware v. Pennsylvania, 598 U.S. 115 (2023), was a United States Supreme Court case related to unclaimed money and check escheatment. [1] This case was Justice Ketanji Brown Jackson's first majority opinion on the Supreme Court. [2] [3] It was also the first case the Supreme Court had taken on unclaimed property in over 30 years. [4]
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