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Hundreds of county residents on state s unclaimed property list

Hundreds of county residents on state s unclaimed property list
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Missing Money? California Controller is Holding $9 3B in Unclaimed Property

Some of the simpler online claims can be paid in as quickly as two weeks, state Controller Betty Yee said. There is no time limit or fee for filing a claim. California’s Unclaimed Property Law requires banks, insurance companies, corporations, and certain other entities to report and submit their customers’ property to the State Controller’s Office when there has been no activity for a period of time, generally three years, according to the state controller s website. Before unclaimed property is sent to the state government for safekeeping, the Controller’s office mails annual notices in an effort to connect owners with their property. 

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