$3 Million in Lost Property Waiting to be Reclaimed by Basin Residents

by | Oct 6, 2016 | News | 0 comments


Utah Treasurer David Damschen announced Wednesday that the State of Utah’s Unclaimed Property Division currently holds nearly $3 million in lost or abandoned property from residents and businesses with last known addresses in Duchesne and Uintah Counties. Utah adopted the Uniform Unclaimed Property Act in 1956 that made it law for companies, employees or citizens to turn over lost property such as uncashed payroll checks, dormant bank accounts, utility refunds or overpaid bills to the state to return to the rightful owner. In Uintah and Duchesne Counties alone, there are over 8,000 private citizens and businesses with a cash amount to claim and the Treasurer’s office has made it easier than ever to look up names to see if you or any friends or family are on the list.



Www.mycash.utah.gov



was launched in 2015 and in that year alone a record $22.5 million dollars was paid out to Utah owners or descendants of owners who filed claims. As of right now the state is holding $370 million dollars in unclaimed property in the state and a simple search of a name reveals claims tied to any address that individual or business once held in Utah. “We urge every resident and business in the area to check

mycash.utah.gov

to see if any of this nearly $3 million is theirs,” shares Treasurer Damschen. “Perhaps you moved and forgot you had a utility deposit or overpaid at the eye doctor five years ago. Either way checking to see if you’ve lost property is simple, easy and something everyone should do for themselves, their families and friends.” Lost or abandoned property is also searchable over the phone by calling

801-715-3300

.

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