Unclaimed Property Day launched by Auditor of State

Auditor of State Dennis Milligan, whose office administers the Great Arkansas Treasure Hunt, recently joined colleagues from around the country in highlighting Unclaimed Property Day.
Unclaimed Property Day was launched by the National Association of Unclaimed Property Administrators in 2021 to raise awareness of unclaimed property.
Unclaimed property can be any number of financial items, such as unpaid life insurance benefits, forgotten bank accounts, certificates of deposit, unused rebate cards – you name it.
The state currently records a total of $444.1 million in unclaimed property owed to Arkansas citizens through the Great Arkansas Treasure Hunt program.
When owners abandon an account – through a move or a death, for instance – and the company cannot locate the owner, the money or properties are submitted to the Auditor of State’s office. The office’s Unclaimed Property Division then works to connect property to its rightful owner, Milligan said.
Statistically, one in seven people nationwide have unclaimed property. In Arkansas, the percentage is greater at one in four. Milligan stresses that the state is required to return property to its rightful owner.
Since Milligan took office on Jan. 10, his office has returned more than $1.4 million in unclaimed cash through the Great Arkansas Treasure Hunt program.
To see if you might have unclaimed property in Arkansas, visit www.ClaimItAR.com. Those who wish to check whether they have unclaimed property in other states may visit www.missingmoney.com. Arkansans may also call the Auditor’s office at 501-682-6000.