Politics Magazine

Notice – Fox Reminds Public About State Law for Unclaimed Money, Property

Posted on the 15 January 2014 by Jim Winburn @civicbeebuzz

The following is an announcement from the office of California State Assemblyman Steve Fox (D-Palmdale):

Illustration of State Controller John Chiang

Illustration of State Controller John Chiang

California’s Unclaimed Property Law requires “holders” such as corporations, business associations, financial institutions, and insurance companies to annually report and deliver property to the State Controller’s Office after there has been no customer contact for three years. Often the owner forgets that the account exists, moves and does not leave a forwarding address, or the forwarding order expires. In some cases, the owner dies and the heirs have no knowledge of the property.

I encourage you to take advantage by visiting my website or by calling the State Controller’s office at 800-992-4647. If there are any other ways that I can be of assistance to you, please do not hesitate to contact my district office at 661-267-7636.

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Visit the State Controller’s website at sco.ca.gov or the unclaimed property search page at ucpi.sco.ca.gov/ucp.


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