Unclaimed Property: A Legal Overview
Credits: 1.0 general credit hour
Description: This new class offers a comprehensive and practical exploration of unclaimed property laws, emphasizing their growing importance in today’s legal and regulatory environment. Designed for attorneys, state treasurers, compliance officers, and unclaimed property administrators, this course equips participants with a solid foundation in both the historical roots and contemporary relevance of unclaimed property regulations. The following are among the topics our distinguished panel discusses:
- The legal history of unclaimed property and its foundational principles
- The consumer protection rationale and the critical fiscal role these laws play in state governance
- Recent litigation trends, high-profile enforcement actions, and the impact of emerging technologies and data analytics on unclaimed property compliance
- The evolving statutory landscape, including the Revised Uniform Unclaimed Property Act and varying state approaches
- Effective strategies for navigating audits, voluntary compliance, and multi-state reporting requirements
This class fosters informed legal advocacy and administrative decision-making, offering both conceptual insights and real-world tools to manage risks and maximize compliance effectiveness. By the end of this class, you will be empowered to serve as resourceful and knowledgeable stewards in this often-overlooked yet high-impact legal domain.
Faculty: Timothy J. Cullen, Kelmar Associates LLC; Charles Hellman, Kroll Government Solutions; G. Allen Mayer, Illinois Treasurer’s Office; Brenda R. Mayrack, Delaware Office of Unclaimed Property; and Shaun Snyder, National Association of State Treasurers
Cosponsors: National Association of State Treasurers and the National Association of Unclaimed Property Administrators
Fees: There is no fee for this class.
