http://clipmarks.com/clipper/boniface/date/2008/5/12/http://rss.clipmarks.com/clipper/boniface/date/2008/5/12/15Clip, tag and save information that's important to you. Bookmarks save entire pages...Clipmarks save the specific content that matters to you!en-ushttp://clipmarks.com/clipmark/AE4EDEE5-B26F-4150-AE82-590906E03311/<b>clipped by:</b> <a href="http://clipmarks.com/clipper/boniface/">boniface</a><br><div border="2" style="margin-top: 10px; border:#000000 1px solid;" width="90%"><div style="background-color:"><div align="center" width="100%" style="padding:4px;margin-bottom:4px;background-color:#666666;overflow:hidden;"><span style="color:#FFFFFF;font-weight:bold;">Clip Source: <a style="color:#FFFFFF;" href="http://www.lvrj.com/news/17801544.html" title="http://www.lvrj.com/news/17801544.html">www.lvrj.com</a></span></div><div style="padding: 10px;"><div style="text-align:left;"><B> Finders, keepers helps state</B></div></div><hr size="2" color="#666666" /><div style="padding: 10px;"><div style="text-align:left;"><B>Treasurer praised for discovering $60 million that averted more cuts</B></div></div><hr size="2" color="#666666" /><div style="padding: 10px;"><div style="text-align:left;">Unclaimed property consists of old bank and credit card accounts, safety deposit boxes, uncashed payroll checks, stock certificates, dividend checks and other items of value.</div></div><hr size="2" color="#666666" /><div style="padding: 10px;"><div style="text-align:left;">Most of the additional revenue, however, came from unclaimed property. By law, banks and retail companies must turn these assets over to the treasurer's office after a period of time, usually three to five years, if there has been no attempt to claim them.</div></div><hr size="2" color="#666666" /><div style="padding: 10px;"><div style="text-align:left;">By law, however, they must give that money to the owners or their heirs if they ever appear.</div></div><hr size="2" color="#666666" /><div style="padding: 10px;"><div style="text-align:left;"><P>Too often people are not aware they have unclaimed assets. California's program was shut down for four months last year after a judge said it was not doing enough to find the rightful owners of unclaimed property.</P></div></div><hr size="2" color="#666666" /><div style="padding: 10px;"><div style="text-align:left;"><P>Actress Angelina Jolie and baseball great Willie Mays were among the thousands of Californians who had not been given their assets.</P></div></div></div></div><br><div style="margin-bottom: 40px;"></div>http://www.lvrj.com/news/17801544.htmlMon, 12 May 2008 18:55:43 GMT