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HERMES PROPERTY UNIT TRUST General Information Memorandum professional investors only.put.co.may 2018ContentsPage Description of the Trust3Statement of Principles4Management of the Trust5Principal

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What is hermes property?

Hermes property includes all assets that are deemed unclaimed or abandoned, such as forgotten bank accounts, uncashed checks, and abandoned safe deposit boxes.

Who is required to file hermes property?

State laws require financial institutions, businesses, and other entities to report and remit unclaimed property to the state's treasury department.

How to fill out hermes property?

To fill out hermes property, businesses and financial institutions must review their records for any unclaimed property, complete the necessary reporting forms, and submit the property to the state treasury department.

What is the purpose of hermes property?

The purpose of hermes property laws is to protect the rights of property owners by ensuring that unclaimed assets are eventually returned to their rightful owners or heirs.

What information must be reported on hermes property?

The information required to be reported on hermes property typically includes the property owner's name, last known address, and details of the unclaimed asset.

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