Posted on Wednesday, 23rd June 2010 by The Keane Organization

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This post details a recent change in Indiana unclaimed property law that reduces dormancy periods & will effect reporting as of November 1, 2011. If you have specific questions or would like personalized guidance, please contact an unclaimed property consultant.

On March 17th the Governor of Indiana signed HB 1083 into law, with an effective date of July 1, 2010. The following dormancy periods were reduced from five years to three years: (1) A demand, savings, or matured time deposit. (2) Property payable as a result of a demutualization, rehabilitation, or related reorganization of a mutual insurance company. (3) All other property not otherwise specified under the act (catch-all provision). Read More »

Posted in Dormancy Periods, Escheat Law, Legislative Alerts, State Escheatment, Uncategorized, Unclaimed Property Law | Comments (0)

Posted on Thursday, 1st April 2010 by The Keane Organization

Join Us In Philadelphia For A Summit On Managing & Reporting Unclaimed Property

Annual Summit to Address Growing Need for Organizations to Proactively Report Unclaimed Property

The Keane Organization to Host 6th Annual Unclaimed Property Educational Summit in Philadelphia – the major topic? Why it’s important to proactively report unclaimed property.

Wayne, Pa. – April 5, 2010 – The Keane Organization, a global provider of unclaimed property compliance and risk management solutions, announced today it will hold its 6th Annual Unclaimed Property Educational Summit in Philadelphia on April 28.

Hosted by Keane’s Unclaimed Property Services Division (UPSD), the Summit will take place from 8:00 a.m. to 4:30 p.m. at the Courtyard Marriott in Center City Philadelphia.

The event will provide attendees with the knowledge to determine their organization’s risk for audit, best practices to improve internal controls and essential guidelines on first time and/or voluntary compliance.

This yearly summit offers holders of unclaimed property a confidential environment to discuss changes in state escheatment laws and their affect on abandoned property compliance reporting.

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Posted in Uncategorized | Comments (0)