"In 2011, this community faced a tragedy with grace and determination," Zweifel said. "As the community has moved forward, many individuals and businesses have relocated or encountered other disruptions. With these changes, unfortunately there is an increased chance of losing track of some finances along the way. I encourage area residents, business and nonprofits to check for unclaimed property and to register for notifications should any property matching your information be turned over to my office."
Missouri law outlines how businesses must turn over unclaimed property to Zweifel's office including a dormancy period, which is generally five years, except for those types of property listed below:
- 1 year - court bonds and disputed real estate escrow funds
- 3 years - dissolution of business; payroll; property held by governmental entities, political subdivisions, and state agencies; and demutualization, rehabilitation, or reorganization of insurance companies.
- 7 years - money orders
- 15 years - traveler's checks
To help residents claim their unclaimed property, Zweifel has installed a kiosk in the Jasper County license office which individuals can use free of charge to search for their property. The kiosk is connected directly to Treasurer Zweifel's online unclaimed property database.
Joplin-area residents may receive postcards or see their names published in the newspaper in late June if they have Unclaimed Property. If they have any questions about these notifications, there is further information provided on Zweifel's website, or they can contact the unclaimed property team here.
Zweifel protects nearly $1 billion of Unclaimed Property held in nearly five million accounts. Since taking office he has returned more than $250 million. Missourians can search for Unclaimed Property 24 hours a day here, and in many cases complete the claims process entirely online. Individuals and businesses may also sign up to receive an email notification when new Unclaimed Property matching their information arrives.