When does Property become "Abandoned" or "Unclaimed"?

If property is unclaimed and the holder cannot contact the apparent owner, property is considered abandoned, as follows, from the date of the transaction:

• Payroll - 1 year
• A/P checks - 5 years
• Individual Retirement Accounts - 3 years
• Demand, savings or time deposits - 5 years
• Retail business credit - 5 years
• Matured Or Terminated life or endowment Insurance Policy - 2 years
• Not Matured Life Or Endowment Insurance 5 years
• Limiting Age Insurance Policy - 2 years
• Property held by courts - 3 year
• Other governmental entities - 3 year
• Business dissolution property - 1 year
• Safe Deposit Boxes (rent unpaid) - 1 year
• Utility Deposits - 2 years
• Stock or other equity interest - 3 years
• Principal on debt - 5 years
• Money Orders - 7 years
• Traveler's Checks - 15 years
• Official Bank Checks - 5 years
• Most other funds - 5 years