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Unclaimed Property Insights

Nevada Unclaimed Property Act Revised

On June 7, 2019 Nevada governor Gary Herbert signed 2019 NV S.B. 44 into law.  The new law revises Nevada’s Uniform Unclaimed Property Act (Nevada UP Act) to reflect changes adopted by the Uniform Law Commission in the 2016 Revised Uniform Unclaimed Property Act (RUUPA).  The new legislation’s provisions include the following changes: The definitions of “payroll card” and “stored-value card” were added to the Nevada UP Act. The definition […]

June 13, 2019

Name It and Claim It: All You Need to Know About Unclaimed Property

This article originally appeared in the June 2019 issue of California CPA. By Cathleen Bucholtz & Steven Swaigenbaum Many people have heard about unclaimed property, but there’s often confusion on what it is and how the rules work. What follows are some questions most people ask about unclaimed property and how it may impact their company—including the risks of non-compliance, assessing a company’s unclaimed property exposure, and things to consider […]

June 3, 2019

Troy R. Wangen of TPC May 2019 UPPO President’s Message from Troy Wangen

I am honored to serve UPPO as this year’s president, and I am excited about our future as we embark on a new, three-year strategic plan. To help focus our work over the next few years, UPPO board members and key committee leaders participated in a strategic planning session in Minneapolis last July, as well as a special meeting in December focused on advocacy. This intensive exercise and subsequent refinements […]

May 31, 2019