Which state receives the reporting and escheatment of unclaimed property?

Question

Quizplus · Accepted Answer

According to the Uniform Unclaimed Property Act, the state of the customer's last known address is the state that receives the reporting and escheatment of unclaimed property, if available and not foreign. If the customer's address is unknown, then the state where the property is located or the state of the bank's domicile may be considered. However, in the given options, only option B refers to the state of the customer's last known address.

Which State Receives the Reporting and Escheatment of Unclaimed Property