More Citizens Will Now Be Able to Search for Lost Money in Louisiana

BATON ROUGE, LA – Louisiana citizens who are fluent in Cajun French or Spanish can now look for unclaimed money online at www.latreasury.comin both languages, according to State Treasurer John Kennedy.

Louisiana has a unique mix of cultures and influences, and our new website recognizes our state’s diversity, said Treasurer Kennedy. We hope that these new online unclaimed property search functions will help more citizens, especially those who may use English as a second language, to locate what is rightfully theirs.

The State Treasury has $243 million in its unclaimed property account that belongs to approximately 700,000 citizens. This includes more than $32.5 million in new money in the Treasury’s database as a result of record collections this past year.

There are still some citizens out there who think there are strings attached with the state’s unclaimed property program but there aren’t any, said Treasurer Kennedy. Its a free service, and if you find out the state is holding your money, you need to claim it because you’ve worked hard for it.

Unclaimed property in Louisiana is not tangible property like its name would suggest. It is money that a business or other holder owes an individual and must turn over to the state after a certain number of years. The most common types of unclaimed property are savings accounts, refunds, dividends, mineral royalties and payroll checks. Other examples include checking accounts, cashiers checks, money orders, travelers checks, certificates of deposit, deposits or over-payments, insurance proceeds, death benefit checks, gift certificates and Christmas club accounts, and utility deposits.

To search for unclaimed property in Spanish or Cajun French, visit www.latreasury.com, click Unclaimed Property from the homepage and then click Spanish or Cajun French. The Unclaimed Property Division also operates a nationwide toll-free hotline in English at 1-888-925-4127 (Monday through Friday, 8:00 a.m. to 4:30 p.m.)

Contact:
Sarah Mulhearn
(225) 342-0012