Keane's Unclaimed Property Blog

Arizona Unclaimed Property Law: Dormancy Period For Security & Bonds Back To 3 Years

Escheat Law, Legislative Alerts, State Escheatment

Following Arizona unclaimed property law? Some late-breaking news for you: On April 20, 2010, the Governor of Arizona signed HB 2453 into law. This bill reverts the dormancy period for Arizona security and bond property back to a 3 year dormancy, up from 2 years. The legislation reverses the recently enacted Senate Bill 1003 which […]

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State Unclaimed Property Law: Indiana Institutes Unclaimed Property Amnesty Program

Compliance, State Escheatment, Unclaimed Property Audit, Unclaimed Property Law

Some important news for you if you’re a holder following state unclaimed property law; Indiana has recently announced a change – A one-time only “Amnesty” program to help holders of unclaimed property regain compliance. What does that mean exactly? Well, a lot of companies continue holding unclaimed property on their books – either intentionally, or […]

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Do You Proactively Report Unclaimed Property?

Best Practices, Unclaimed Property Reporting

Annual Summit to Address Growing Need for Organizations to Proactively Report Unclaimed Property Keane Unclaimed Property to Host 6th Annual Unclaimed Property Educational Summit in Philadelphia – the major topic? Why it’s important to proactively report unclaimed property. Wayne, Pa. – April 5, 2010 – Keane Unclaimed Property, a global provider of unclaimed property compliance […]

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Under Delaware Abandoned Property Law, CA, Inc. To Pay A Staggering $17.6 Million

Abandoned Property Law, Compliance, Escheat Law, Legislative Updates, Other News

This post pertains to the Delaware Abandoned Property Law, and more specifically to a recent lawsuit between DE and CA, Inc. In a stunning turn of events, the State of Delaware and CA, Inc. (“CA”) have settled their litigation pending in the Delaware Court of Chancery.  According to the terms of the agreement, CA has […]

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Update: New State Unclaimed Property Rules For January 2010

Abandoned Property Law, Legislative Updates, State Escheatment

January 2010 was a busy month for state unclaimed property rules. A major trend across many states, which is a hindrance to corporations and holders, is the reduction in dormancy periods. Recent legislative, regulatory and legal developments that occurred during the month of January 2010 in the areas of unclaimed property law and regulation are […]

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