SCO Issues Updated Holders Handbook

The following message is being sent on behalf of the State Controllers Office (SCO) Holder Outreach and Compliance Team, who would like to share with you an updated Unclaimed Property Holder Handbook. It is available on the State Controller’s website at: http://sco.ca.gov/Files-UPD/guide_rptg_holderhandbook.pdf. The following information has been updated:

• “Life Insurance Policy Proceeds” and “When Does Property Become Reportable?” sections have been updated
• Reporting instructions for Coogan Accounts

If you have any reporting questions, please contact the Unclaimed Property Reporting Unit at (916) 464-6284 or ucpreporting@sco.ca.gov. General questions regarding unclaimed property may be directed to the Holder Outreach Unit at: updholderoutreach@sco.ca.gov.

Thank you,

The Holder Outreach and Compliance Team

For more information contact Patrick Carroll at patrick.carroll@dbo.ca.gov