Detailed Answer
Under South Dakota’s Uniform Unclaimed Property Act (SDCL Title 43, Chapter 44A), unclaimed property includes dormant bank accounts, uncashed checks, security deposits, and other financial assets that remain unclaimed for a statutory period. The state holds these assets until rightful owners come forward. To access and review information on unclaimed property in South Dakota, follow these steps:
- Visit the Official Unclaimed Property Website: Go to the South Dakota Treasurer’s Unclaimed Property portal at https://sdtreasurer.gov/unclaimed-property.
- Search by Name or Business: Enter your full name, business name, or last known address in the search tool. You may search multiple variations (e.g., maiden names, initials).
- Review Search Results: Click any matching entries to view details such as the holder’s name, property type, last known value, and filing year.
- Create or Log Into an Account: To save search results or file a claim, click “Claim Your Property.” You’ll be prompted to register with an email address and password or to log in if you already have an account.
- Verify Your Identity: Under SDCL 43-44A-24 (link), you must provide proof of identity and ownership. Required documents often include a government-issued photo ID, Social Security number, and proof of address.
- Submit an Online Claim: Complete the electronic claim form by providing your contact information, the property details, and scanned copies of supporting documents.
- Monitor Your Claim Status: After submission, log in to your account and navigate to the “My Claims” dashboard. You can view processing status, request additional information, and download correspondence.
- Review Account Activities: Within your dashboard, access all saved properties, pending claims, approved claims, and any messages from the Unclaimed Property office.
- Contact the Unclaimed Property Office: For help at any stage, call (605) 773-6850 or email unclaimed@sd.gov. Staff can clarify document requirements or explain claim processing timelines.
This workflow aligns with the procedures set out in the South Dakota Uniform Unclaimed Property Act.
Helpful Hints
- Search multiple name variations and include business entities if relevant.
- Check the database annually; new records post each fall.
- Maintain clear digital copies of IDs, proofs of address, and claim forms.
- Use the “Save Search” feature to quickly access prior results.
- Avoid paid “finder” services; South Dakota offers this service free of charge.
- Set calendar reminders to monitor your claim’s progress every two weeks.
Disclaimer: This article is for informational purposes only and does not constitute legal advice. Consult a qualified attorney for guidance on your specific situation.