Notice for Unclaimed Property Holders
Kentucky has recently enacted its version of the Revised Uniform Unclaimed Property Act (RUUPA) via HB 394 (2018). All holder reporting for 2019 must follow the new guidelines as codified in KRS Chapter 393A.
Report Unclaimed Property
Unclaimed property reports can be submitted at the Kentucky Unclaimed Property Online Reporting Portal. We have created this online portal to simplify the reporting process, increase efficiency, and improve the security of the data you are reporting. All reports must be filed using this portal.
For more information about how to use the Kentucky Unclaimed Property Online Reporting Portal, please view the guide available here: Guide to Using the Online Reporting Portal.pdf.
Treasurer Ball is committed to working cooperatively with businesses and financial institutions across the state to keep them informed about their responsibilities regarding the timely reporting and remittance of unclaimed property to the Commonwealth of Kentucky.
There are specific instructions that correspond to the type of entity reporting the unclaimed property. Please review the information below for the details that apply to your bank or business.
Holder Report Book
Every year, the Kentucky State Treasury releases a Holder Report Book. This book is an instructional manual on how to report property to the Kentucky State Treasury. This is a helpful tool to guide you through the reporting process. 2020 Unclaimed Property Holder Book.pdf
For holders reporting securities, please be advised that delivery instructions have been updated in the 2019 Unclaimed Property Holder Book. Please see pages 7-9 of the book for updated instructions.
Recent changes to unclaimed property reporting include:
- Insurance company reporting timeline
- A new online reporting portal
- Updated dormancy periods
- Safety deposit box dormancy periods
- Safety deposit box delivery periods
- Revised Uniform Unclaimed Property Act (RUUPA) Updates for the 2019 reporting year
Forms for Unclaimed Property Holders
Holder Reporting Extension Request (Holder Extension Request are due by May 1st or November 1st--depending on reporting period)
Holder Request for Reimbursement
Sample Due Diligence Letter
Specific Report Information
This year, all reports must be filed through our Online Holder Reporting Portal. Negative reporting is no longer required in Kentucky. Do not report worthless or non-transferable securities. Below are additional resources to help with creating reports.
NAUPA Reporting Resources
Holders can use any preferred NAUPA formatted software for creating Unclaimed Property Reports. However, all reports must be imported electronically through our Online Holder Reporting Portal. No word document or excel spreadsheet will be accepted. Any boxes left blank that require a code will generate "Error" when the file is uploaded. All codes are listed in Holder Reporting and Instructions. All boxes that require dates must be completed or it will generate "Error" when the file is uploaded.
Checks need to be made payable to "Kentucky State Treasury Unclaimed Property Division" and need to be mailed to:
Kentucky State Treasury
Unclaimed Property Division
1050 US HWY 127 South, Suite 100
Frankfort, KY 40601
To learn more information regarding frequently asked questions about Holder Reporting, click here.