Senate Republican Office
FOR IMMEDIATE RELEASE
AUGUSTA – Senator Paul Davis (R-Piscataquis) today announced the addition of $11.6 million to Maine’s Unclaimed Property Fund. This property consists of financial assets that have gone unclaimed by their owners. The last known owner’s information is now available on the Treasurer’s Website: www.maine.gov/unclaimed.
Senator Davis urges his constituents to search their names for missing property.
“There’s more than $241 million worth of unclaimed property that is currently in custody of the State of Maine,” Senator Davis said. “Some of that could be yours, so it’s worth taking about five minutes to go to the website and see if your name is on there.”
Unclaimed Property consists of cash and other financial assets that are considered lost or abandoned when an owner cannot be located after a specified period of time. It includes, among other items, checking accounts, certificates of deposit, over payments, gift certificates, paid-up life insurance policies, unpaid wages, uncashed checks, death benefits, dividends, insurance payments, refunds, savings accounts, stocks and contents of safe deposit boxes.
Millions of dollars are turned over annually to the Treasurer of Maine by entities who cannot locate the owners. If your name is on the list, file your claim electronically at www.maine.gov/upsearch. You do not need to pay anyone to file your claim as filing a claim is both easy and free.