TALLAHASSEE, Fla. (WOFL FOX 35) - Currently, the Chief Financial Officer for the State of Florida holds unclaimed property accounts valued at more than $1 billion.
The assets are mostly from dormant accounts in financial institutions, insurance and utility companies, securities and trust holdings.
In addition to money and securities, unclaimed property includes tangible property such as watches, jewelry, coins, currency, stamps, historical items and other miscellaneous articles from abandoned safe deposit boxes.
Unclaimed money is deposited into the state school fund, where it is used for public education. There is, however, no statute of limitations, and citizens have the right to claim their property any time at no cost.
Find out more at FLTreasureHunt.org.