Money Search -New Mexico
New Mexico Unclaimed Money
Unclaimed Money Office at (505) 476-1774
Money Unclaimed
The origin of the unclaimed money law dates back as far as the colonization of America. Since that time, states have revised and refined their various unclaimed property laws, resulting in billions of dollars in collections for the benefit of owners whose whereabouts are at least temporarily unknown.
Every state has laws governing disposition of abandoned property. The purpose of the Unclaimed Property Office is to reunite lost owners with their property. Unclaimed property is considered abandoned when it remains unclaimed for the number of years prescribed by statute.
TYPES OF UNCLAIMED PROPERTY
The most frequently asked question of an unclaimed property administrator is “what is unclaimed or abandoned property?". Generally, abandoned property includes dormant checking and savings accounts, uncashed money orders, cashiers checks, unclaimed insurance benefits, mineral royalty payments, safe keeping depository contents, unused gift certificates, unclaimed security deposits, cash dividends, stock, court deposits and utility deposits or refunds
CLAIMS
All states have procedures and forms to use when claiming unclaimed property and nearly all states maintain (as custodians) the unclaimed asset until claimed.
The turn-around time for filing for an asset may vary. However, states attempt to expedite claims in a timely manner when sufficient ownership documentation is provided. Often a claim requires review and approval by more than one agency, or payment is issued by an agency which is not associated with the program administration.
CONTACT
If you live in other states, you might check to see if you have any unclaimed property. Call our Unclaimed Property Office at (505) 476-1774 or send mail to uproperty@state.nm.us for further information.
