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

The South Carolina Unclaimed Property Program seeks to return various forms of unclaimed property to the rightful owners.

Generally, any financial asset, usually money, that has not been claimed by its owner or has not had any owner-generated activity for a period of time -- usually five years. This includes:

  • savings accounts
  • checking accounts
  • stocks and bonds
  • insurance proceeds
  • uncashed payroll checks
  • old utility deposits
  • customers overpayments

    South Carolina unclaimed property law says that when the holder of property (e.g., a bank, insurance company, brokerage firm, or utility company) is unable to locate the owner after a certain period of time (usually five years), the holder must send the property to the State Treasurer. The State Treasurer's Unclaimed Property Program then holds the property for the owner until the owner can be found.

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    Added: Tue Jul 11 2006
    Last Modified: Thu Sep 20 2007

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