Idaho Petition Policy for Unclaimed Funds

State:
Idaho
Control #:
ID-SKU-048
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PDF
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Description

Petition Policy for Unclaimed Funds

The Idaho Petition Policy for Unclaimed Funds is a set of rules and regulations established by the Idaho State Treasurer’s Office for the return of unclaimed monies, such as wages, insurance proceeds, refunds, deposits, or abandoned financial accounts. The policy outlines the steps required to petition for unclaimed funds, including the filing of a petition, proof of ownership, and the submission of a claim form. The policy also provides information about the time limits and requirements for making a claim and provides guidance on the use of the funds once they are returned. The Idaho Petition Policy for Unclaimed Funds applies to all types of unclaimed funds. The different types of Idaho Petition Policy for Unclaimed Funds include the following: 1. Abandoned Property — Unclaimed funds held by the state due to the inactivity of the owner. 2. Court-Ordered Funds — Funds held by the court or other government agency that are unclaimed. 3. Lost or Forgotten Funds — Funds that are unclaimed because the owner has forgotten or lost the account. 4. Refund of Overpayment — Funds that are unclaimed because the owner has received more than they are owed. 5. Unclaimed Wages — Funds that are unclaimed because the owner has not been paid for services rendered. 6. Unclaimed Insurance Funds — Funds that are unclaimed because the owner has not collected on an insurance policy. 7. Unclaimed Property — Funds that are unclaimed due to the inactivity of the owner.

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Idaho Petition Policy for Unclaimed Funds