Posted on Wednesday, 17th February 2010 by Keane Unclaimed Property Team

January 2010 was a busy month for state unclaimed property rules.

A major trend across many states, which is a hindrance to corporations and holders, is the reduction in dormancy periods.

Recent legislative, regulatory and legal developments that occurred during the month of January 2010 in the areas of unclaimed property law and regulation are summarized below, by topic: Read More »

Posted on Wednesday, 17th February 2010 by Keane Unclaimed Property Team

Keane Unclaimed Property was saddened to hear the news that a long-time friend and colleague in the unclaimed property industry has passed.

Dr. Will Yancey was a widely respected expert in unclaimed property statistical analysis and renowned for maintaining the most robust web resource in the field of unclaimed property.

He will be missed by Keane Unclaimed Property and by all of his peers in the unclaimed property community. His full obituary is shared below. Read More »

Posted on Tuesday, 2nd February 2010 by Keane Unclaimed Property Team

Escheatment rules by state, and unclaimed property reporting and compliance in general, are constantly changing, as you have probably noticed.

The initial thought is that change complicates matters further, and usually it does. But some states, like Idaho, are giving unclaimed property holders what they need – relief from all the rules.

Still, many states continue proposing and passing legislation that make escheat compliance more difficult on unclaimed property holders.

We have included some January updates to escheatment rules by state below. This list is not exhaustive, but it does contain some important developments.

To receive all legislative updates, sign-up for Keanotes, our premium unclaimed property newsletter. Read More »