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Fitch: $31M in unclaimed property in Mississippi

money hands_rgbJACKSON — State Treasurer Lynn Fitch wants to give back more than $31 million coming from things such as forgotten utility deposits, bank accounts and stocks and unclaimed inheritances.

Fitch is having published in Sunday newspapers across the state the annual list of the owners’ names and amounts owed to them.

State law requires that banks, credit unions, insurance companies, retail stores, utility companies, and business associations turn over to the treasurer’s office any assets such as money, cash, checks or stocks that have been abandoned for five years.

Fitch says a call center will be set up starting Sunday from which her staff will go through a checklist to ensure that claimants are the lawful owners.

Fitch says her office has returned $41.5 million to its rightful owners.


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