AUGUSTA — The addition of $11.6 million to Maine’s Unclaimed Property Fund has been announced by the offices of the Senate Republicans and Democrats. This property consists of financial assets that have gone unclaimed by its owners. The last known owner’s information is now available on the treasurer’s website: maine.gov/unclaimed.
Unclaimed property consists of cash and other financial assets that are considered lost or abandoned when an owner cannot be located after a specified period of time. It includes, among other items, checking accounts, certificates of deposit, over payments, gift certificates, paid-up life insurance policies, unpaid wages, uncashed checks, death benefits, dividends, insurance payments, refunds, savings accounts, stocks and contents of safe deposit boxes, according to the release.
Millions of dollars are turned over annually to the Treasurer of Maine by entities who cannot locate the owners. Those who are listed can file a claim electronically at www.maine.gov/upsearch. No payment is required to file a claim.
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