States Continue To Set Reunification Records
We have seen a number of new and or reinvigorated efforts by state governments to return unclaimed property to the true owners of that property. In fact, soon we will run our next installment of “Meet Your Escheator” with Kentucky State Treasurer Todd Hollenbach to talk about Kentucky’s unique holder reunification programs. In the interim, we have more states announcing record amounts returned to owners:
In Massachusetts, State Treasurer Steven Grossman announced that the Bay State has returned more than $84 million to residents during Fiscal Year 2012, a 10% increase over last year’s return.
Out west in Nevada, State Treasurer Kate Marshall announced that her office has returned more than $33 million in the past fiscal year, a new record.