You May Be Entitled to Unclaimed Funds
Kenneth P. LaValle
August 9, 2010
-
ISSUE:
- Banks
Dear Friend:
You may be entitled to some of the over $10.5 billion in unclaimed funds in New York State.
For your protection, banks, insurance companies, utilities, investment companies and many other businesses are required by State law to surrender inactive accounts to the State. These accounts are known as “lost,” “abandoned,” or “unclaimed” funds.
A simple internet search is all it takes to see if you are eligible and there is no charge to search or file a claim to recover unclaimed funds. To see if you have any unclaimed funds, visit: https://ouf.osc.state.ny.us/ouf/.
As always, if you have any questions or need any assistance please do not hesitate to contact my office at 631-696-6900.
Sincerely,
Ken LaValle
State Senator, 1st District
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