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Unclaimed Property
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One of the most rewarding programs the Arizona Department of Revenue administers is the responsibility to return millions of dollars back to the public. These abandoned assets have been reported to the State of Arizona by businesses throughout the United States because the owners, with a last known address in Arizona, could not be located.
The Unclaimed Property Unit is charged with collecting abandoned assets and attempting to return them to the rightful owner. In fiscal year 2004 alone, over $50 Million was reported to the state as abandoned property and over $10 Million of that was returned to rightful owners filing over 26,000 claims.
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