March 1, 2018
Most of the State treasuries are at a loss as to how to handle the growing pile of unclaimed funds. This surplus of unclaimed money in the state treasuries is getting bigger with each passing day. Major states like California and New York have reported huge amounts of unclaimed funds: $5.7 Billion and $9.9 billion respectively. Although this is great news for states in this times of economic slump, the resources and logistics required to handle the increasing surplus is also required.
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