PRESS RELEASE

FOR IMMEDIATE RELEASE
October 10, 2007

CONTACT: Sarah Mulhearn
225-342-0012

 

La. Residents Should Check Newspapers to See How Much of $27 Million Belongs to Them

 Treasury to Publish Names of 81,726 Individuals Who Are Owed Unclaimed Property
 

BATON ROUGE, LA – Louisiana residents should check the legal notices section of statewide newspapers this week for a listing of 81,726 individuals who are each owed a portion of nearly $27 million, according to State Treasurer John Kennedy.

“The state owes Louisiana residents millions of dollars in unclaimed property, and we want to give this money back,” said Treasurer Kennedy. “Even if you don’t see your name in the newspaper this week, go online or give us a call. Our entire unclaimed property database has information on 500,000 residents who are each owed a portion of the $330 million we are holding.”

By law, the Treasury must publish on an annual basis in newspapers across the state the names of individuals or organizations for whom money has been collected in that particular year. Local newspapers will list the names of individuals from that area who are owed unclaimed property. Individuals can claim their money by logging on to www.latreasury.com or by calling the Treasury’s toll-free nationwide hotline at 1-888-925-4127. Unclaimed property claims for $250 and above must be notarized, but a claim for $249 and under can be done completely online.

“When filing a claim, be sure to give us updated contact information, especially if you relocated as a result of the hurricanes,” said Treasurer Kennedy. “Let us know where you are currently receiving mail, where you want us to send your unclaimed property refund check, and if you have an updated phone number where you can be reached.”

A driver’s license and some other form of identification with a Social Security Number are needed to make an unclaimed property claim. For more information about the unclaimed property program, visit www.latreasury.com and click “Unclaimed Property” or call 1-888-925-4127 (weekdays 8:00 a.m. to 4:30 p.m.).

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