Property sitting in inactive accounts is safeguarded each year by the State of California, including unclaimed cash, the contents of safe deposit boxes, stocks, and securities. Is your property waiting for you to claim it?
California's unclaimed property law was created almost 60 years ago to protect consumers because many businesses were leaving forgotten money on their ledgers, earning interest, or simply spending it. Now banks, insurance companies, and other businesses are required to hand over certain types of lost property to the State Controller. Currently, the state is safeguarding approximately 37 million pieces of property, ranging from cash and heirlooms to stocks and savings bonds.
To check if there is property waiting for you, visit www.claimit.ca.gov or call (951) 371-6860 for more information.
Last year, the state helped return more than $200 million in unclaimed property. Don't wait to claim yours!