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State releases Unclaimed Property List Comptroller Susan Combs wants to give away money -- to its rightful owners. The state official has published the annual Unclaimed Property List, which contains the names of 152,000 people who have at least $250 waiting to be claimed. "If you find your name on the Unclaimed Property List, we are holding a significant amount of your money, and we want to give it back," said Mrs. Combs. To reunite owners with their unclaimed assets more quickly, the comptroller has streamlined procedures to make more claims eligible for automated processing. "Claims by original property owners for up to $5,000 can now be electronically processed within 24 hours," Mrs. Combs said. "The computer compares information on claim forms with information in our database. If everything matches, the computer authorizes payment. "Automating more claims frees our staff to work on more complex claims," she added. Unclaimed property might include a dormant bank account, a forgotten utility deposit, an old uncashed check, investment income, securities, family heirlooms from an abandoned safe deposit box or other valuable assets the original owners have forgotten. In fiscal year 2007, the comptroller's office returned approximately $119 million to its rightful owners.
In addition to checking the Unclaimed Property List below, Texans can visit the website at www.window.state.tx.us/up or call (800) 654-3463 to speak to a customer service representative. |
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