State officials seeking to return $2.4 million to Park County residents

Posted 9/3/19

Officials with the Wyoming State Treasurer’s Office will be in Cody on Friday, hoping to reunite local residents with millions of dollars that they’re owed.

Money and other types of …

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State officials seeking to return $2.4 million to Park County residents

Posted

Officials with the Wyoming State Treasurer’s Office will be in Cody on Friday, hoping to reunite local residents with millions of dollars that they’re owed.

Money and other types of unclaimed property, including stocks, mutual funds and safe deposit boxes, are turned over to the state governemnt when a business, agency or governmental agency cannot locate the owner for a certain amount of time. The State of Wyoming currently holds more than $85 million belonging to current and former residents — including more than $2.4 million earmarked for those in Park County. Some people are owed tens of thousands of dollars, said Unclaimed Property Administrator Jeff Robertson of the State Treasurer’s Office.

The state maintains an online, searchable database at www.mycash.wyo.gov, where people can enter their name and see what property might belong to them. Help is available on the site, explaining the steps to search and create a claim.

In addition, representatives of the Unclaimed Property Division will be at the Park County Courthouse’s EOC Room from 8 a.m. to noon on Friday as part of their efforts to find the rightful owners of the unclaimed property.

Robertson said the visit to Cody is “part of an outreach mission to help citizens find and claim their lost money.”

“If you think you have money in your name or possibly money that belonged to a parent or grandparent who has passed away, we encourage you to stop by and visit with one of our claims specialists,” he said.

Robertson added that, “even if you have received unclaimed property in the past, more money is turned over every year. Because of this, the money being held by the state has continued to increase.”

To make a valid claim, owners need to provide documentation, as needed, depending on the type of property turned over to the state and the level of information provided about the owner.

For anyone planning to stop by the EOC Room on Friday and submit a claim, “make sure you bring a valid ID along with any other documentation you feel may be necessary to prove you are the rightful owner,” Robertson said.

Wyoming law requires the state to hold unclaimed property in perpetuity until the rightful owner is able to claim it.

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