Sometimes Minnesotans lose financial property because of a change of address, death, or forgetfulness. What happens to these forgotten funds? The Commerce Department is responsible for holding unclaimed property until the rightful owner or heir is found.
Unclaimed Property Unit is responsible for holding the abandoned or unclaimed funds or property until the rightful owner or heir is found.
Find information on how to know if you have unclaimed property, what you need to file a claim, and how the approval process works.
On September 1st, the Minnesota Department of Commerce, in partnership with Xerox (ACS), released an online holder reporting function to aid holders of unclaimed property in reporting their property to the Department. This piece will allow holders to track filings over time and allows for more efficient loading of reports by Unclaimed Property staff. Electronic filing is now available via UPExchange as well.