Missouri State Treasurer - About Unclaimed Property (2024)

FAQs

How do I find out if I have unclaimed property in Missouri? ›

Missourians can search the Treasurer's database for their Unclaimed Property 24/7 online. You can also sign up for email alerts when new Unclaimed Property comes in matching your information. Go to https://treasurer.mo.gov/UnclaimedProperty/ to find out more.

State law requires financial institutions, insurance companies, public agencies and businesses to turn over Unclaimed Property to the Missouri State Treasurer's office if they have had no contact with the owners for some statutorily defined period of time, generally five years.

What are the dormancy periods for Unclaimed Property? The dormancy period is 5 years for all types of property except the following: Court bonds – 1 year. Demutualization, rehabilitation and reorganizations of insurance companies – 2 years.

www.unclaimed.org is the website of the National Association of Unclaimed Property Administrators. This is a legitimate site created by state officials to help people search for funds that may belong to you or your relatives. Searches are free.

Missouri state law requires that, once property has been determined to have been abandoned, the county treasurer holds that property in trust for the owners or the owners' heirs for a period of three years. After three years, the property is turned over to the State of Missouri, to hold in custody until returned.

The Unclaimed Property Auction is being held pursuant to Section 447.558, RSMo that provides for the sale of Unclaimed Property to the highest bidder at public auction. The buyer will receive title to the property purchased, free from all claims of the owner, prior holder or their successors.

570.060. Lost property. — 1. A person who appropriates lost property shall not be deemed to have stolen that property within the meaning of section 570.030 unless such property is found under circ*mstances which gave the finder knowledge of or means of inquiry as to the true owner.

Missouri law provides a procedure for removing a tenant's abandoned property without liability. Landlords who remove abandoned property without following the law can end up with a judgment against them for the value of the removed property.

PURPOSE: Sections 447.500–447.595, RSMo comprise the Missouri Uniform Disposition of Unclaimed Property Act. This rule outlines procedures for requesting an examination of a holder's records based on the treasurer's “reason to believe” that the holder has not complied with the provisions of the Unclaimed Property Act.

The dormancy period is an amount of time after a financial institution reports an account or asset as inactive up to when the government deems that it's been abandoned. For most states, the dormancy period is three to five years.

What does dormancy period mean? ›

Dormancy is a period in an organism's life cycle when growth, development, and (in animals) physical activity are temporarily stopped. This minimizes metabolic activity and therefore helps an organism to conserve energy. Dormancy tends to be closely associated with environmental conditions.

Dormancy is defined as the temporary inability of a viable seed to germinate under favorable environmental conditions (Simpson, 1990). Dormancy helps the seed to survive adverse environmental conditions and at the same time helps in seed dispersal (Snape et al., 2001).

Search by state

Most unclaimed money is held by state governments from sources such as bank accounts, insurance policies, or state agencies. Search for unclaimed money from your state's unclaimed property office. If you have lived in other states, check their unclaimed property offices, too.

The National Association of Unclaimed Property Administrators (NAUPA) is one such service, and NAUPA-endorsed MissingMoney.com is another unclaimed life insurance database worth checking out. State insurance department — You can also contact your state insurance department (insurance is regulated at the state level).

Like most states, Missouri property records are kept at the county level. The best way to access these records is by visiting the office of the recorder of deeds in person or online.

Drive around your area: You may be able to find abandoned properties by driving around your community and looking for the telltale signs. If you see a home with overgrown weeds and broken windows in a general state of disrepair, there's a good chance it's an abandoned property.

MissingMoney.com is a web portal created by participating U.S. states to allow individuals to search for unclaimed funds. It was established in November 1999, as a joint effort between the National Association of Unclaimed Property Administrators (NAUPA) and financial services provider CheckFree.