ELKINS – West Virginia State Treasurer John D. Perdue will present an unclaimed property check to the Randolph County Commission at 10 a.m. FRIDAY (March 25) at the Randolph County Courthouse Annex Building in the County Commission meeting room.
The commissioners will receive a check for more than $130,000. The money was intended for county 911 fees, but ended up in the state’s unclaimed property fund because of an address change.
“This is exactly what our Unclaimed Property Division is all about,” said Treasurer Perdue. “We want to make sure that, regardless of the reason, when an asset is misplaced or forgotten about, it ends up in the right hands.”
Since January 2010, the State Treasurer’s Office has returned more than $175,800 to rightful owners specifically in Randolph County.
Unclaimed property is any financial asset or property that has not been claimed by its owner or has not had any owner-generated activity during a specific time prescribed by state code. Examples of unclaimed property are not limited to but include: forgotten utility deposits; stock dividends left unredeemed; inactive bank accounts; and/or safe deposit box contents.
“People often become separated from their money or property through unpredictable circumstances. One of the most pleasurable tasks in our office is finding the rightful owners of unclaimed property and returning it to them. We encourage people to use our website to perform a free search,” said Treasurer Perdue.
The West Virginia Unclaimed Property Division currently holds more than 884,000 accounts worth approximately $159 million dollars. To file an unclaimed property claim CLICK HERE.