State Senator Kelly Seyarto, District 32 | Official U.S. Senate headshot
State Senator Kelly Seyarto, District 32 | Official U.S. Senate headshot
The California State Controller's Office is currently holding approximately $13 billion in unclaimed property. This accumulation results from a state law that mandates banks, insurance companies, corporations, and other entities to transfer customer property to the state after a period of inactivity.
The state ensures the safekeeping of this lost or forgotten property until it can be returned to its rightful owners. Common examples of unclaimed property include bank accounts, stocks, bonds, uncashed checks, insurance benefits, wages, inheritances, and safe deposit box contents.
Individuals who wish to check if they have any unclaimed property with the state can visit the official California State Controller's website. For further assistance, the State Controller’s unclaimed property division is available at (916) 323-2827.
Filing a claim for these properties is described as an easy process and is free of charge.
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