Every state, U.S. territory, and some Canadian provinces have unclaimed property laws and annual reporting requirements. Holders must report and remit property to the state of the owner’s last known address. For example, if a company located in Colorado has a customer’s address of record in New Mexico, the property must be reported to the state of New Mexico. Nexis is not a considering factor in Unclaimed Property law.
The Nevada Treasurer's Office has issued a notice that the new dormancy standards set forth in Assembly Bill 55 will apply to the 2023 reporting cycle, even though the Nevada...
Unclaimed property compliance has gone viral, with several TikTok videos popping up in recent months – some of them with over 5 million views and counting. Many of these videos...
What is California’s Voluntary Compliance Program? Overview: California has established a voluntary compliance program for unclaimed property. Holders of unclaimed property who participate in the program may have interest waived...