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Comptroller
Peter Franchot
Welcomes You
to the
State of Maryland’s
Unclaimed Property On-line Auction
Dear Bidder,
Welcome to the state of Maryland’s unclaimed property auction. My office is charged with connecting people with money (or property) that has slipped through the cracks. This includes items, such as jewelry, coins and other collectibles, as recovered from abandoned safe deposit boxes.
Financial institutions, insurance companies and corporations are required to report contents of safe deposit boxes, bank accounts, wages, insurance benefits, security deposits, stock dividends and other property to our office if they remain unclaimed for three or more years.
We are mandated by state law to place for auction items we have received and kept in storage. These items are now available for sale and are posted for your review.
All money collected from auctioned items is kept for the original owner (or rightful heirs) and can be claimed at any time.
For more information about unclaimed property, please call my office, at 410-767-1700 or 1-800-782-7383, Monday through Friday, 8 a.m. to 5 p.m. You can also visit my Web site, www.marylandtaxes.com.
Thank you.
Peter Franchot
Comptroller of Maryland
* Comptroller of Maryland employees and their immediate family members are prohibited from bidding on any item(s).
* The State Comptroller's office is currently holding an estimated 758,000 accounts, worth more than $708 million all to be claimed back from the rightful owners.
* For fiscal year 2007, the State Comptroller's Office returned over $46.4 million in unclaimed funds to 39,741 individuals. The average claim was $1,167.
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