State To Set Unclaimed Property Booth At State Fair
Has the back-to-school season taken a toll on your wallet? Well, the State Treasurer’s office may have some money that belongs to you.
State Treasurer Rich Sattgast says his office is setting up a booth at the South Dakota State Fair this week in Huron to give unclaimed property back to the rightful owners.
Unclaimed property refers to accounts in financial institutions, businesses and government agencies that have had no activity for three years or longer.
The Unclaimed Property Division currently has more than $344 million in unclaimed funds. The state holds the money in a custodial capacity until the money can be returned to the rightful owners. This year the state has already given back $19.2 million.
The booth will be open every day of the fair, which runs Thursday through Monday.