KS state treasurer works to reunite unclaimed properties with rightful owners
For most Kansans, saving money is vital. Toward that effort, help could be out there in the form of unclaimed money sitting in Topeka that rightfully belongs to you.
"Each year, thousands of people lose track of their bank accounts, cash, stocks, bonds, refunds, royalties, safe deposit boxes and other property. People move and forget to furnish their bank, broker, employer or insurance company with a forwarding address," the Kansas State Treasury Department explains. "Losing sight of property can happen to anyone. It is the Treasurer's job to reunite rightful owners and heirs with unclaimed assets currently being held by the State of Kansas."
In a nutshell, the treasury department acts as a custodian to unclaimed properties that include court deposits, dormant checking accounts, dormant savings accounts, insurance benefits, oil and gas royalties, safe deposit box contents, stock and cash dividends, utility deposits and wages.
The treasury department says unclaimed property is typically generated when people lose or forget to cash a check or forget to let their bank know when they move. An example is if you don't collect your state tax refund after a year, that money goes into "unclaimed property."
From 6 a.m. to 10 p.m. Monday (April 16), the state treasurer's office in Topeka will be staffed so people can check with the department's staff to see if you have property to claim.
You can learn more about the program at the
The treasury department has kept a database of unclaimed properties since 1979.