FAQ Unclaimed Property: Who Must File Unclaimed Property Reports?
Wisconsin law requires business (Holders) to review their financial records every year to determine if they hold funds, securities, or unclaimed and tangible safe deposit box property.
The following entities are required to report unclaimed property and turn it over to the Wisconsin Office of the State Treasurer:
-Banking and financial organizations, trust companies, savings and loan associations, credit unions, and investment companies.
-Business associations, such as corporations, stock companies, trusts, partnerships, limited liability companies, insurance companies, utilities, or non-profit organizations.
-Any person in possession of property belonging to another person or entity.
-Other legal entities, including state, county, and city government agencies, political suddivisions, public corporations, or public authorities.
For more information on Holder Reporting, click here.
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