Texas Comptroller: $1 Billion dollars in unclaimed property returned

AUSTIN, TX -- Texas Comptroller Susan Combs announced Wednesday that $1 billion in unclaimed property have been returned to Texans since she took office in 2007.

?When I took office in January 2007 I was committed to return as much unclaimed money as possible to owners who may have forgotten about it,? Combs said. ?We launched extensive outreach efforts and streamlined processes to help reunite more owners with their money.?

According to the press release, approximately 1.1 million claims have been approved since 2007.

Unclaimed property could be anything from a forgotten utility deposits or other refunds, insurance proceeds, payroll checks, cashier?s checks, dividends, mineral royalties, dormant bank accounts and abandoned safe deposit box contents.

The press release also states that there is no time limit for to claim the unclaimed property.

To find out if you have unclaimed property in Texas visit www.ClaimItTexas.org.

Source: http://www.kxii.com/home/headlines/Texas-Comptroller-1-Billion-dollars-in-unclaimed-property-returned--214968041.html

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