The Office of the Nevada Treasurer holds financial assets that have been abandoned or lost. These assets, ranging from forgotten bank accounts and uncashed checks to stocks, bonds, and safe deposit box contents, are held in trust until claimed by their rightful owners. For instance, an individual might move and forget about a utility deposit, or a business might fail to distribute dividends to a shareholder. These funds then become custodially held by the state.
Returning these assets to their owners is a significant public service. It reconnects individuals and businesses with rightfully owned funds, potentially providing crucial financial relief. This process also protects property owners from fraud and ensures the security of these assets. Historically, states have implemented programs like these to safeguard lost funds, reflecting a commitment to preserving citizens’ financial well-being.
