Escheat in Arkansas

Sources

Ark. Code Ann. ? 18-28-201 et seq.

Recipient Office

Auditor of State's Unclaimed Property Division

Reporting

• Time Period: 5
• Due Diligence Amount: 50
• Due Diligence Dates: Not more than 120 days nor less than 60 days prior
• Aggregate Amount: 49.99
• Report Period: 7/1 - 6/30
• Report Due Date: 10/31
• Negative Reporting: No

Dormancy Fee

Only if there is a valid and enforceable contract with the owner under which the holder may impose the charge and the holder regularly imposes the charge and does not regularly reverse or cancel it. Amount limited to amount that is not unconscionable.

Web Site

http://auditor.ar.gov/report-property

Cross-References

• Arkansas
• Escheat