|Iowa Unclaimed Property refers to a financial asset that has not been claimed by the owner over a period of time possibly because the owner is not aware of its existence. Alongside the holder of Iowa Abandoned Property may also have failed to locate the whereabout of the owner. The Unclaimed Property in Iowa may include dormant bank accounts, uncashed checks, insurance dividends, utility refunds, unclaimed wages, stock certificates and contents from safe-deposit boxes.
It is likely that you forget your account or deposit when you make a move. Sometimes the owner of a vast fortune die leaving behind a good amount of funds and money in banks, insurance companies or other utility companies. The relative of such individuals may not be aware of the existence of such hidden treasure. These are only a few of the reasons for the existence of IA Unclaimed Property. Moreover, if the owner or a heir does not claim an abandoned property within a specified period, it is handed over to the State of Iowa , which keeps it safe until the rightful owner makes a claim.
Iowa Unclaimed Property Law
According to the unclaimed property law of Iowa, all types of unclaimed properties owned by a corporation or a state resident must be reported immediately to the state treasurer's office.
The unclaimed property act states that the State Treasurer's Office is the custodian of unclaimed property, funds or money in Iowa. You can always make a claim if you think that you are the rightful owner of a property. The state, on its part, makes its sincere efforts to find the owners of unclaimed money in Iowa.
Iowa Unclaimed Property Website
First class mailings, Public Service Announcements, Publication of the Great Iowa Treasure Hunt, Radio spots, TV special segments and Listings displayed at various levels are some of the approaches taken by the state treasurer's office in this regard. You can make a search of IA Unclaimed Property by name over the Internet. The search website of the state of Iowa provides you an opportunity to make a search statewide. On the other hand, if you are looking for your assets held by other states of the US, you can make use of the website maintained by the National Association of Unclaimed Property Administrators (NAUPA).