Posted 24 Sep 2010
Each year, millions of dollars in unclaimed property are turned over to the state by businesses that cannot locate the owners. "The Great Arkansas Treasure Hunt," airing Tuesday, Oct. 5, at 7 p.m. and Saturday, Oct. 9, at 4 p.m. on the Arkansas Educational Television Network, will attempt to reunite people with their lost property.
Host John Lee and the Auditor of States Office will tell viewers how to claim items online.
"The Great Arkansas Treasure Hunt" is a citizen awareness program that notifies the public of assets that have been turned over to the state under the Unclaimed Property Act. These assets are turned over to the state auditor then transferred to the state general fund, but they can always be claimed.
Unclaimed assets can include stock, balances in bank or brokerage accounts, uncashed checks, insurance proceeds, contents of safe deposit boxes and other cash assets. Cash and stock can become lost when someone moves and lists no forwarding address; has a name change and doesnt notify financial institutions or other businesses; or when someone dies, leaving only poorly-kept records.
Names and addresses of more than 57,000 new owners of unclaimed assets were received during the 2010 fiscal year. More than 4,500 of these claims are valued at $425 or more.
Viewers can search the total list of more than 400,000 names by following a link on the AETN Web site at www.aetn.org. They can also call 1-800-CLAIM-IT (1-800-252-4648).
The Arkansas Educational Television Network (AETN) is Arkansass statewide public television network that enhances lives by providing lifelong learning opportunities for people from all walks of life. AETN delivers local, award-winning productions and classic, trusted PBS programs aimed at sharing Arkansas and the world with viewers. AETN depends on the generosity of Arkansans and the State of Arkansas to continue offering quality programming. For more information, visit www.aetn.org, or follow the AETN blog at www.aetn.org/engage. AETN is broadcast on KETS (Little Rock), KEMV (Mountain View), KETG (Arkadelphia), KAFT (Fayetteville), KTEJ (Jonesboro), and KETZ (El Dorado).