California urges residents to search $15 Billion in unclaimed property

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CALIFORNIA – State controller Malia M. Cohen and assemblymember Avelino Valencia announced Assembly House Resolution 79, naming February 2026 Unclaimed Property Month.

The resolution aims to raise awareness and educate Californians about unclaimed property and how they can be reunited with their money.

California’s Unclaimed Property program is run by the State Controller’s Office (SCO), which currently holds more than $15 billion in unclaimed assets.

Since 1959, the program has required businesses and other entities to turn over property belonging to customers with whom they’ve lost contact.

Unclaimed property often includes forgotten bank accounts, stocks, bonds, uncashed checks, insurance benefits, and safe deposit box contents.

“In these uncertain times, taking a few minutes to visit claimit.ca.gov could mean reconnecting you or your loved ones with money that’s rightfully yours,” Cohen said.

Speaker Robert Rivas said the resolution is about putting dollars back into people’s pockets.

“Too often, families are unaware their money is sitting unclaimed,” Rivas said.

Cohen and Valencia urge all Californians to visit the SCO’s claimit.ca.gov website to learn more and search for their unclaimed property.

RELATED: Luxury retailer holds up to 70% off liquidation sale amid bankruptcy

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