Frequently Asked Questions
1. Why did I receive a notice from John Chiang, the California State Controller?
You have received a notice from John Chiang, the California State Controller, because your property has been identified as unclaimed and will be escheated to the State of California in accordance with its unclaimed property laws unless you respond.
2. How do I claim my property?
You must claim your property by responding in writing with the following documents:
(a) A copy of the notice you received from John Chiang, the California State Controller.
(b) A copy of your state or government issued identification, such as your Driver’s License or your Passport.
(c) A letter addressed to UPRR from you authorizing the release of your property. In the letter of instructions, please provide the address that the funds and/or property and/or statement should be mailed to, and also include your contact phone number.
Example: I, Rosie Smith, authorize the release of property mentioned in the letter I received from John Chiang, in the California State Controller’s office. Please forward the check to me at the following address.
Your Mailing Address
Mail the documents to:
450 7th Ave
New York, NY 10123
Attn: Unclaimed Property Department
3. How long does the process take?
Please allow a minimum of 8-to-12 weeks to receive your funds, and/or shares, and/or a statement.
4. What happens if I don’t respond to this notice?
The property (Funds and/or Stock) will be reported and remitted to the State of California in accordance with unclaimed property law. Once escheated, the property can be claimed from California by calling (800) 992-4647 or visiting their website at www.sco.ca.gov.
5. Is there a deadline and if so what is it?
Yes there is a deadline. Please refer to the bottom of the letter you received from John Chiang, the California State Controller, beginning with: “If you do not contact the business prior to [Date supplied by CA].” UPRR must receive your documents in our office prior to the date stipulated by the California State Controller.
6. Are there any fees associated with responding to the letter?
No, you will not be charged any fee if you respond to this letter.
Please note that visiting UPRR’s web site or calling our office will not prevent your property from being escheated. You must return the completed notice to prevent escheatment.