Unclaimed Property Program
LATEST NEWS REGARDING UNCLAIMED PROPERTY
The State of Hawaii’s Unclaimed Property Program is administered under the provisions of Chapter 523A of the Hawaii Revised Statutes (HRS). This program collects and holds, in a custodial capacity abandoned and dormant property from “holders”. As a public service, the Unclaimed Property Program returns property to rightful owners at no charge.
Property in a holder’s possession is presumed unclaimed or abandoned if it is unclaimed by an owner after a period of time set forth for the particular type of property as outlined in Chapter 523A, HRS for property $50 and more. Holders are required to send a notice to an owner’s last known address informing them that unclaimed property will be transferred to the State of Hawaii Unclaimed Property Program for safekeeping. If an owner does not contact the holder to claim property or if the holder is unable to contact an owner, unclaimed property is escheated to the State of Hawaii Unclaimed Property Program as required by law.
Examples of unclaimed property are:
•Contents of safe deposit boxes
•Deposits held by utility companies
•Dormant savings and checking accounts
•Insurance and medical refunds
•Shares of stock
•Uncashed travelers checks, money orders, dividend checks, payroll checks
* Unclaimed Property does not include real estate.
The State of Hawaii Unclaimed Property Law requires “holders” such as corporations, financial institutions, insurance companies, and business associations to annually report and deliver abandoned property to the Unclaimed Property Program.
Unclaimed property is held in a custodial capacity by the State of Hawaii Unclaimed Property Program until the rightful owner or heir is reunited with the abandoned property.
Holders are businesses, organizations, and any other entities in possession of unclaimed property. By law, unclaimed property must be reported and remitted to the State of Hawaii after a specified period of time. The following information is provided to assist holders with reporting and remitting unclaimed property.
Frequently used forms available to assist owners and holders.
Learn more about unclaimed property in Hawaii and nationwide.
The State of Hawaii Unclaimed Property Program publishes the Annual Notice of Names of Persons Appearing to be Owners of Abandoned Property by March 1.
Contact information for the State of Hawaii Unclaimed Property Program.