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MILLIONS UNCLAIMED – Montana website makes searching for property easier

July 8, 2013 /

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Bear Paw Development Corporation is a private non-profit organization created for the purpose of administering programs to help improve regional economic conditions in Hill, Blaine, Liberty, Chouteau and Phillips Counties and the Fort Belknap and Rocky Boy's Indian Reservations.

Last year in Montana, the Revenue Department collected more than $7.5 million from companies and agencies holding unclaimed property. Montana returned a little more than half: more than $4 million on 600,000 claims.

That leaves about $3 million sitting in Helena. The Revenue Department stores the physical property in a highly secure room. The unclaimed cash is invested along with other state funds by the Montana Board of Investments.

The department has just launched a user-friendly "Click for cash" button on its website where people can enter their names and see if they have unclaimed property waiting.

To use this feature, go to http://www.revenue.mt.gov and then select the "Click for cash" button.

By Jan Falstad

Full Story: http://billingsgazette.com/business/features/montana-website-makes-searching-for-property-easier/article_18bc98f2-db2d-5d9f-af12-4c3b165d82a8.html