[Justice]

To get their hands on those unclaimed assets more quickly, states have been lowering dormancy periods from an average of five years to three years, mostly because treasuries are awash in deficits. States have been pressuring companies to turn over unclaimed assets and threatening them with penalties if they don't.

Big Brother's at it again!

[stands2reason]

Oh, great....

[rmmcdaniell]

I guess we'll all have to become day traders now.

[eggman]

"It's time consuming and expensive, but it's an undertaking we have to support because we do not want our customers to be surprised," he said. And many customers, he added, "were surprised in several markets. They said 'we were not aware of state changes.'"

Not just surprised but fined by the state if they are not in compliance with the changes after a certain period specified by the law. Just another hidden tax the government levies on business.

[toddst]

An invented license to steal by the state. I wonder how many older people with Alzheimer's or other memory difficulties lose some of their assets because the state is after them rather than doing all they can to protect their interests? Rather chilling.

[E. Pluribus Unum]

What's the big deal? All property rightfully belongs to some government entity, anyway.

Those government entities allows us to take care of it and pay taxes on it out of the goodness of their hearts.