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  • Do I Need To File A Upd601 Form

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OFFICE OF THE ILLINOIS STATE TREASURER UNCLAIMED PROPERTY DIVISION INSTRUCTIONS FOR FILING THE ANNUAL REPORT AND THE ANNUAL REMITTANCE DETAIL OF UNCLAIMED PROPERTY USING FORMS UPD601 AND UPD602 Introduction. 1 Change in Abandonment Period. 1 Online Reporting. 1 Special Reporting Requirements. 1 Electronic Reporting Filing a Negative Report NTR Reciprocal Property Unclaimed Property Without an Address Forms to File. 1 How to Remit Property. 2 Inst.

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The State Treasurer is holding more than 3.5 billion dollars in unclaimed funds for Illinoisans. The State holds these lost funds until they are claimed by either the original owner or their heirs. Property is returned at no cost with the proper identification.

Payroll, savings accounts, checking accounts, checks, dividends, stocks, mutual funds, insurance benefits, refunds, utility deposits. In most situations 3 years is the dormancy period however refer to the Illinois Revised Unclaimed Property Act.

How do I report online? As of January 1st, 2018, the Illinois Revised Uniform Unclaimed Property Act requires reports to be filed online. Various software solutions for creating an electronic report file in the NAUPA standard format may be found here, https://icash.illinoistreasurer.gov/app/useful-links.

Holders of unclaimed property must perform due diligence to show that they attempted to find the rightful owner of unclaimed property. For any balance greater than $50, written notice must be sent to the owners last known address 60 days to 1 year before the unclaimed property report is filed.

The period of inactivity is referred to as the dormancy period. The general rule is that after a 3-year dormancy period the unclaimed property must be reported and remitted to the state.

Contact the Department by telephone at (850) 413-5522 or by email at EReporting@MyFloridaCFO.com for questions on the reporting of unclaimed property.

Is there a deadline for making a claim? No. You can make a claim anytime since Unclaimed Property is kept in a custodial capacity until the rightful owner or heir has successfully claimed the property.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232