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South Dakota Unclaimed Property

South Dakota Unclaimed Property is held with the Office of the State Treasurer. There is a separate section in the office that administers the reporting and claiming processes of unclaimed property and funds in the state of South Dakota. All the services provided by this Division of the state treasurer are free of charge and hence, you can get your lost money back with no additional cost. To avail the service of SD Unclaimed Property Search, you may give a call to the officials, who will be more than willing to search up to 5 names over the phone.

South Dakota Unclaimed Property Law

All the activities of South Dakota Unclaimed Property Division is governed by the unclaimed property law, which is based on the 1981 Uniform Act. According to the law, all holders of abandoned or unclaimed property must report to the state. The reporting should be done in the NAUPA II format. Although unclaimed property report can be submitted on paper, electronic submission through the Holder Reporting System is a better option if you have more than 10 properties to report. In the State of South Dakota , no negative reports are required to be submitted.

SD Unclaimed Property Search

All the money collected through unclaimed property reporting is then made available for claiming by the rightful owners any time at no cost. The website of the office of the State Treasurer contains a comprehensive database along with tools to search through this list of owners.

The website also contains information on how to proceed in order to make a successful claim for a property. The Division receives over $6.7 million in unclaimed property every year on an average for the last four years. Such a huge amount of Unclaimed Money in South Dakota is waiting to be claimed. To find out whether you are the one whose money is kept with the state of South Dakota, visit the official site of Treasurer's Office.

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