Frequently Asked Questions What are lost funds? Lost funds consists of various types of intangible personal property. Savings and checking accounts, uncashed checks, securities, dividends, insurance refunds or claims, oil royalties, wages, utility refunds/ deposits, bail bonds, and child support payments are examples of lost funds. How long are lost funds held? Once the funds are remitted, in nearly every situation, they are held in a perpetual trust fund (forever) until the owner can be found. In addition to protecting the owners' property, there are provisions in the law that also protect the holder from potential liability. What is a "holder"? Holders include, but are not limited to financial institutions, insurance companies, oil and gas companies, hospitals, clinics, business corporations, state and local governmental entities, and retailers. How do holders know when to report unclaimed property? The obligation to report and remit these funds is triggered when there has been no owner- generated activity for a specified period of time. This period of inactivity is referred to as a "dormancy period". How do I claim my lost funds if you find records for me? If we find lost funds for you, you will receive instructions on how to claim your lost funds. How long will it take for me to receive my funds? The length of time it will take depends on how quickly you send in your claim forms to the appropriate company or agency and the lenght of time it takes for the company to process your claim. Processing and response times may vary.