Keane's Unclaimed Property Blog

Arizona Bill to Prohibit Contingent Fee Auditors

Arizona Bill to Prohibit Contingent Fee Auditors

Compliance, Legislative Alerts

The Arizona Legislature has taken steps to prohibit the use of all contingent fee auditors, which includes those for unclaimed property, with the introduction of House Bill 2343.  While the bill would not preclude the state from using third party auditors entirely, it would eliminate the current payment structure that most states utilize to compensate […]

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An Audit of the New Jersey Unclaimed Property Administration

An Audit of the New Jersey Unclaimed Property Administration

Compliance

The New Jersey Unclaimed Property Administration audit, recently conducted by that State Auditor, revealed that the Administration failed to post 300,000 various escheated properties to missingmoney.com, a public website where individuals may search for unclaimed or escheated assets held by many of the state unclaimed property offices.

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