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Franchot Announces Milestone for Unclaimed Property

July 17th, 2019 by WCBC Radio

Maryland Comptroller Peter Franchot has  announced that the Unclaimed Property section of the agency has surpassed a significant milestone – processing more than $1 billion in claims since the program began in 1966. In its first year, the Unclaimed Property section paid out 12 claims with a value of $711.48. More than 50 years later, the program disburses more than $60 million annually.  Each year, the Comptroller’s Office launches a public awareness campaign to promote the publication of the unclaimed property list. In addition, the list of 69,039 accounts worth more than $59 million will be the highlight of the Comptroller’s booth at fairs and festivals around the state this summer and fall…

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