Frequently Asked Questions/Answers

Category:  Unclaimed Property

WHY DOES WISCONSIN HAVE AN UNCLAIMED PROPERTY LAW?

The law was enacted in 1970 to enable Wisconsin residents to search in one place for missing funds. After 1 to 5 years of inactivity Wisconsin businesses are mandated to turn over all unclaimed money, stock, and safe deposit box contents to the Department of Revenue. This process relieves businesses from the expense and liability associated with carrying unclaimed property on their financial records. Most importantly, the process benefits Wisconsin residents because the State makes an active effort to reunite all rightful owners with their unclaimed property.


 

 

 

Horizontal Line
Return to FAQ's
 
 

Legal/Acceptable Use   |   Site Map
 
Wisconsin Office of the State Treasurer
Physical Address:   B38 W State Capitol, Madison, Wisconsin   -    Mailing Address:   PO Box 7871 Madison, WI 53707
Phone: 608-266-1714
Treasurer@wisconsin.gov


PROCEDURE FOR MAKING REQUESTS
Effective January 1, 2017, the Office of Wisconsin State Treasurer (OST) will follow the same fee guidelines for records requests as the Wisconsin Department of Administration.