Law concept. Themis statue against USA flag. Symbol of justice, court, trial. Source: AdobeStock.

If you think you’ve gotten the short end of the stick when you were made responsible for complying with your state’s unclaimed property laws, cheer up. Recent developments have made this one of the most intriguing areas of the law when it comes to balancing federal and state prerogatives. In fact, a recent series of cases demonstrates why this area of the law is both deceptively complicated and under increased scrutiny.

All 50 states and the District of Columbia have laws regulating how unclaimed funds are to be reported, and in most cases escheated to the state in which the account is located. There are millions of dollars at stake; in Delaware alone, these funds are the fourth largest source of revenue for the state.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including and

Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.