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How will I know if SCO received my claim? visit claimit.ca.gov and click on Check Claim Status. How long will it take for my claim to be processed? After SCO receives all required documentation, simple cash claims may be processed within 30 to 60 days.
Owners can search and claim their property for free but will need to verify their ownership. People can call 800-992-4647 with questions. People can also call the same number if they think the state has their property but they cant see it listed on the website.
To submit the Notice Report, register for and use our Holder Reporting Portal before November 1. For questions about your report, email our Reporting Unit at UCPReporting@sco.ca.gov. Free Reporting Software This site includes links to free software that can be used to report unclaimed property.
California Unclaimed Property Law Specifics A review generally covers a 13-year period: 10 years plus dormancy. Holders are required to send notices to owners of property with a value of $50 or more prior to reporting the accounts to the state. Aggregate filing for property valued at less than $25 is allowed.
Who must report unclaimed property? All businesses holding unclaimed property are required to report unclaimed property each year, including business associations, banking and financial organizations, life insurance corporations, nonprofit organizations, sole-proprietorships, partnerships, and more.