Unclaimed Property Administration
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The Unclaimed Property Administration in Connecticut is managed by the Office of the State Treasurer, which is responsible for collecting and safeguarding unclaimed assets from residents. These assets can include a variety of items such as savings accounts, uncashed checks, stocks, bonds, and life insurance policies that have remained unclaimed for a specific period, typically three to five years.
In Connecticut, there is no registration or license required for businesses acting as solicitors for unclaimed property claims. Importantly, rightful owners or their heirs retain the right to claim their funds without any time limit imposed on the process.
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