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Amnesty (Illinois Unclaimed Property)
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Voluntary Disclosure Agreement (VDA)
As of June 2008, the Unclaimed Property Division has instituted a Voluntary Disclosure Agreement (VDA) program for unclaimed property holders who have compliance issues from prior periods which they would like to rectify. The VDA is designed to bring holders into compliance with the Illinois Uniform Disposition of Unclaimed Property Act. In exchange for voluntary compliance through an executed VDA the Treasurer’s Office will agree to forgo the right to assess penalties and interest outlined in the Act. To initiate the VDA process, send a signed VDA agreement to the Treasurer's Unclaimed Property Division. Upon receipt, the agreement will be reviewed by the Treasurer's Office.
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Added: Thu Jul 20 2006
Last Modified: Mon Jan 09 2012
