Skip to content
BOL Conferences
Learn More - Click Here!

Thread Options
#109829 - 08/26/03 03:01 PM Safe Deposit Abandoned Property
Tom C Offline
100 Club
Joined: Jun 2002
Posts: 199
South of Boston
During a recent audit of one of our branches we uncovered some long-forgotten abandoned property from a safe deposit box that was drilled several years ago. Any wrinkles that I should know about other than to turn it over to the state through normal channels?

Return to Top
#109830 - 08/28/03 08:25 PM Re: Safe Deposit Abandoned Property
Anonymous
Unregistered

None at all, what you should do is include it in this years escheatment process...if you have addresses, etc. send out a letter...wait the 60 days and get rid of it. It's amazing how this stuff can hide for so long.

Return to Top

Moderator:  John Burnett