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Finders (Georgia Unclaimed Property)
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Georgia Unclaimed Property Law (O.C.G.A. 44-12-224) indicates that:
Agreements to pay compensation to assist in the recovery of unclaimed accounts are unenforceable until the account has been in the state’s possession for 24 months.
Fees charged to assist in the recovery of an unclaimed account cannot exceed 10%.
Payments for unclaimed accounts are made directly to the owner. Powers of Attorney from asset recovery services are not recognized.
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Added: Wed Jun 14 2006
Last Modified: Mon Jul 10 2006
