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§§ 66-29-101-155 is the Tennessee Unclaimed Property Act. The act requires all holders of unclaimed or abandoned property to report and transmit all unclaimed property to the state. All reports must be filed electronically in an accepted format. The Department of Treasury has free software available on their website.
.unclaimed.org is the website of the National Association of Unclaimed Property Administrators. This is a legitimate site created by state officials to help people search for funds that may belong to you or your relatives. Searches are free.
You can claim your unclaimed cash or property as easy as 1-2-3! 1) Visit our search portal at ClaimItTN.gov. 2) Enter your name and information. 3) If there's a match, claim your cash!
The default dormancy period for unclaimed property has been changed from 5 years to 3 years. Property that does not have a specified dormancy period must now be reported 3 years after being "unclaimed".
You can claim your unclaimed cash or property as easy as 1-2-3! 1) Visit our search portal at ClaimItTN.gov. 2) Enter your name and information. 3) If there's a match, claim your cash!
Each year, the Tennessee Treasury collects millions of dollars in unclaimed property and focuses on returning those properties to its owners through our outreach efforts and website. The Department returned 1438 claims in FY22!
Due diligence consists of mailing a first class letter to the owner. The purpose of the letter is to give the owner the opportunity to collect the funds from you and relieve you of the liability to have to report and remit the funds to the Unclaimed Property Division.
The default dormancy period for unclaimed property has been changed from 5 years to 3 years. Property that does not have a specified dormancy period must now be reported 3 years after being "unclaimed".