What Are Unclaimed Funds?
There are dozens of types of unclaimed funds held by a variety of agencies.  While some are recoverable indefinitely, many are recoverable only for a set period of time, typically three or four years, after which time they become the property of the holder.  Unclaimed funds include stale-dated checks, tax refunds, forgotten bank accounts, insurance payments, utility refunds, vendor payments, savings bonds, and a host of other categories.