Home News State Treasurer announces first-ever LA-TX unclaimed property collaboration

State Treasurer announces first-ever LA-TX unclaimed property collaboration

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The information below is from the Louisiana Department of Treasury.

BATON ROUGE, Louisiana (WAFB) – State Treasurer John M. Schroeder has announced that the two states will enter into a partnership. First time in an unclaimed property eventLouisiana and Texas join forces in this historic two-day event. November 16-17 Return property and money to their rightful owners on both sides of the state line.

of Wednesday, November 16th event will be held in Southwestern Louisiana Entrepreneurship Economic Development Center (SEED)) On the campus of McNeath State University in Lake Charles 10:00 am to 5:00 pm upon Thursday, November 17ththe event moves to Beaumont Public Library From Beaumont, Texas 10:00 am to 5:00 pm Unclaimed property staff from both states will work together to assist the public on both days. There is no participation fee.

“I am very proud of my team, the work they put into planning the event, and the Texas Unclaimed Property team in the office of Texas Comptroller Glenn Hegar,” said Schroeder. I was. “With so many commuters crossing state lines every day, and so many people traveling between the two states, it makes sense to collaborate on a special unclaimed property event.”

A preliminary data review found over 19,000 instances of the same Social Security number appearing in both the Louisiana and Texas systems. Each year, companies turn over millions of dollars of unclaimed cash, stocks, bonds, securities, and insurance claims to the offices of their respective state treasurers or comptrollers. These funds, known as “unclaimed property,” include paychecks, old bank accounts, rent, utility deposits, interest payments, stock certificates, and life insurance earnings.

“We would love to know the consequences of sharing this event with the states that border us. will be expensive,” added Schroeder. “There is no doubt that partnering with our all-big western neighbors will result in bigger bills and more recipients than ever before.”

To see if you have unclaimed property or to learn more about this free Louisiana, Texas event, visit: LaCashClaim.org.

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