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COMMUNITY BANKERS ASSOCIATION OF ILLINOIS Webinar On-demand Web Link Revised Uniform Unclaimed Property Act: Changes in the Law and Reporting Requirements Friday, July 20, 2018 2 3:30 p.m. The Illinois
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01
Gather all relevant information and documentation about the unclaimed property.
02
Review the revised uniform unclaimed property form to understand the required information and sections.
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Fill out the form accurately and completely, providing all necessary details about the property.
04
Double-check the form for any errors or missing information before submitting.
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Attach any supporting documents or proof of ownership, if required.
06
Submit the completed form and any required documents to the designated authority or organization responsible for handling unclaimed property.
07
Keep a copy of the filled-out form and supporting documents for your records.

Who needs revised uniform unclaimed property?

01
Anyone who holds unclaimed property or is responsible for managing unclaimed property for others needs to fill out the revised uniform unclaimed property form.
02
This can include businesses, financial institutions, government agencies, and individuals who have unclaimed property in their possession.
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The form ensures that proper information is provided about the unclaimed property to facilitate its return or appropriate handling.
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Revised uniform unclaimed property refers to property that has not been claimed by the rightful owner within a specified period of time.
Entities such as businesses, corporations, financial institutions, and government agencies are typically required to file revised uniform unclaimed property.
Revised uniform unclaimed property forms can usually be filled out online or submitted through a designated reporting system provided by the state.
The purpose of revised uniform unclaimed property is to reunite unclaimed funds or property with their rightful owners.
Information such as owner name, last known address, value of the property, and details about the property must be reported on revised uniform unclaimed property.
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