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abandoned or unclaimed property

Property is generally considered abandoned or unclaimed if the existence and location of the owner is unknown for an extended period of time—often three years. Common types of unclaimed property are bank accounts, stocks, bonds, uncashed checks, insurance benefits, wages, and safe deposit box contents. Once abandoned property is turned over to the state by a business, an individual then has the burden of reclaiming it from the state.

In Wyoming, property is deemed abandoned or unclaimed when the owner cannot be located for a specified period, typically three years. This includes various assets such as bank accounts, stocks, bonds, uncashed checks, insurance benefits, wages, and the contents of safe deposit boxes. Businesses holding these assets are required to report and turn them over to the state after this dormancy period. The Wyoming Unclaimed Property Act, under Wyoming Statutes Title 34 Chapter 24, governs the handling of unclaimed property. Once the property is in the state's possession, it is the responsibility of the rightful owner or heir to file a claim with the state to recover it. The Wyoming State Treasurer's Office manages unclaimed property and provides a system for individuals to search for and claim their property.

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Government

abandoned or unclaimed property

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Wyoming State Code

Wyoming State Code

Government

abandoned or unclaimed property

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