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SAM - Chapter 18000

18424.7     REVERSION OF UNCLAIMED MONEY 
(Renamed and Revised 12/03)

GC Section 16374 provides for the reversion of unclaimed money after it has been on deposit in the Special Deposit Fund for two years.  The SCO will notify State agencies of the amounts reverted.  State agencies will note the reversion date on the duplicate copy of the schedule of unclaimed trust deposits if applicable.

Claimants requesting payment of amounts that have reverted should be directed to the California Victim Compensation and Government Claims Board.  See SAM Section 8710.

 

Updated : 7/7/2007