According to the National Association of Unclaimed Property Administrators, more than $2.87 billion in unclaimed property was returned to its rightful owners in fiscal year 2020.
In Bismarck. Attempts are being made by the National Association of Unclaimed Property Administrators to return unclaimed goods and funds to their rightful owners.
What is Unclaimed Property in North Dakota, Minnesota
Unclaimed property, which can include cash, expensive objects, life insurance payouts, uncashed checks, and more, belongs to close to 33 million people in the United States.
The state receives the money or properties when an owner hasn’t done anything with them for a while or when a firm can’t find an owner.
However, a press release from NAUPA states that the state has a duty to give back property to its legitimate owners.
“No matter how long it takes, states are compelled to give unclaimed property back to its rightful owner. Your money should be returned to you because it is yours “said Joseph Heringer, director of the Department of Trust Lands’ North Dakota Unclaimed Property Division.
Administrators of unclaimed property advise everyone to check ucpday.com to see if the state is holding any personal property. Visit unclaimedproperty.nd.gov to search for property in North Dakota. Visit minnesota.findyourunclaimedproperty.com to do a search in Minnesota.
According to the press announcement, unclaimed property worth more than $2.87 billion was returned to its rightful owners in fiscal year 2020.