10 MOST COMMON REPORTING ERRORS


  1. UP 8-7 Form is not notarized. UP 8-7 Form
  2. Last date of activity not listed for the property on accounts greater than $50.
  3. Owner relationship not listed on multi-owner accounts.
  4. Property type code not listed on accounts.
  5. Interest rate not listed on interest bearing accounts.
  6. Beneficiary or owner not listed on matured or terminated life insurance policy.
  7. Submitting pre-escheated accounts that have not met the appropriate dormancy.
  8. Report is out of balance.
  9. Incorrect payee on check. Makes checks payable to the West Virginia State Treasury.
  10. Reports with no West Virginia owners. These reports are returned to the Holder.




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