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Official Web Site (Ohio Unclaimed Property) (Visit this siteExternal Link to Official Web Site (Ohio Unclaimed Property))

The Ohio Division of Unclaimed Funds has more than 2.6 million unclaimed property accounts worth over $700 million in its custody. Its efforts to locate missing owners and reunite them with their lost assets has been successful every year. The purpose of the Division’s community outreach program is to make the public aware that unclaimed funds are being held by the division on behalf of private individuals and organizations, and assist in returning those funds to the rightful owners.

Unclaimed property comes from the following common sources:

  • dormant savings and checking accounts
  • unpaid insurance policies
  • underlying shares of stock
  • unreturned rent and utility deposits
  • forgotten layaway deposits
  • credit memos
  • unclaimed wages or commissions
  • securities
  • undelivered and uncashed stock dividends
  • credit balances
  • uncashed checks
  • intangible contents of safe deposit boxes

    The Division of Unclaimed Funds is part of the Ohio Department of Commerce and was created to protect Ohio citizens who have inactive accounts with financial institutions and other entities. The Division is responsible for the safekeeping and return of monies designated as "unclaimed".

    Each year, due to death, inadvertence or forgetfulness, more than 200,000 people and organizations lose track of monies, rights to monies, and intangible property in Ohio. Enacted in 1968 to protect people who lost track of their money, the Unclaimed Funds Laws allow the Division to ensure that holders report unclaimed funds.

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    Added: Tue Jul 11 2006

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