Unclaimed Property - FAQ

Yes.  You may only search online for property which you possess an interest in.  We recommend you refer your friends and family to our online tool where they can search for their own property for free.  Please refer them to https://dor.georgia.gov/unclaimed-property-program to search for Unclaimed Property held by the State of Georgia.  To search for Unclaimed Property with other states please visit www.unclaimed.org

Please note that the UCP staff is legally prevented from communicating with entities who have no interest in a property.  Third parties are required to provide a validly-executed Unclaimed Property Power of Attorney, form UP-1061 , before UCP staff members may discuss another owner’s claim and/or property.

You do not need to.  The State of Georgia provides a quick, easy, and free way for you to locate and collect your Unclaimed Property. Please visit https://dor.georgia.gov/unclaimed-property-program to search for Unclaimed Property held by the State of Georgia.  To search for Unclaimed Property in other states please visit www.unclaimed.org.

Georgia citizens are often contacted by asset recovery services. It is not necessary for you to contract with this company to receive your property because these accounts will eventually be delivered to the State for safekeeping. The State of Georgia Unclaimed Property Program will hold and return this property to the owner upon request at no charge. It is a good practice to compile a list of any company with whom you may have property and inquire with them about its status.

The Department has filed court documents to receive Unclaimed U.S. Savings Bonds as a custodian for Georgia citizens.  While the judicial process is ongoing, the Department suggests you visit the U.S. Treasury’s website at https://www.treasurydirect.gov/ to search for unclaimed U.S. Savings Bonds.

Property becomes abandoned when an entity has held the property for an apparent owner and has not had any contact with the owner for a specific period time as set by statute.  All private companies (including banks and insurance companies) as well as all Governmental Agencies have a duty to report abandoned property.  Once the property is reported to the Unclaimed Property Program it becomes “unclaimed property”. 

The Unclaimed Property Program does not serve as custodian over real estate. You can call the tax commissioner in the county where the parcel is located to obtain information about land ownership.

To obtain additional information regarding refunds on FHA loans, please call the Federal Information Center at 1-800-225-5342.

Yes. Holders are required to file negative reports.

Holders remitting 25 properties or more are required to file electronically.  The State of Georgia has adopted the NAUPA standard for electronic filing. A free program to create the NAUPA files can be found at http://www.wagers.net/hrs/index.php.

Georgia’s online module is a secure site for holders to submit electronic files and make payments. First-time users will need to register.  Please click the link below:

https://gareporting.unclaimedproperty.com/

Yes, fees charged to assist in the recovery of an unclaimed account cannot exceed 10%.

Yes, please send an email to [email protected] requesting details of our Voluntary Disclosure Program.

This will delay your claim. You will be required to open an account. When we receive a valid account, we will transfer your stock into the brokerage account.

We encourage you to file your reports online at https://gareporting.unclaimedproperty.com/ . However, if you have less than 25 properties, you can send a completed Holder Report Form along with a check to:

Georgia Department of Revenue
Unclaimed Property Program
4125 Welcome All Rd Suite 701
Atlanta, GA 30349"

Manual report forms can be found at: https://dor.georgia.gov/holder-reporting

The Unclaimed Property Act applies to both for-profit and non-profit businesses as well as governmental entities. Holders incorporated in Georgia must report to this state any unclaimed property of owners having a Georgia address, or an incomplete, unknown, or foreign address. Holders not incorporated in Georgia must remit unclaimed property belonging to an owner having a Georgia address.

Register all securities to:

Georgia Revenue Commissioner
Tax ID: 58-6002015

REMITTING ABANDONED SECURITIES

Securities must be electronically transferred to Georgia’s custodial account. Use the following information when making this transfer:

CUSTODIAN - Wells Fargo Advisors
DTC NUMBER – 0141
GEORGIA’S ACCOUNT NUMBER - 7888-0087

MUTUAL FUND REGISTRATION

Wells Fargo Clearing Services, LLC
FBO State of Georgia
Bin #77371939
2801 Market Street
St. Louis, Mo. 63103

Tax ID: 23-2384840
Branch: 00180
DTC: 0141
REP# 0018007

Please consult the instructions on the link below:
https://dor.georgia.gov/document/form/holder-forms-safe-deposit-box-reports/download

Property should be reported to the state of the last known address of the owner.  Georgia allows for Reciprocal Reporting (reporting to a state other than the state of the last known address) only for insignificant property.  Insignificant property is defined as less than ten accounts totaling less than $1000.  We prefer for you to report property directly to the Georgia Unclaimed Property Program.