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Texas is Holding on to Over $2.5 Billion in Unclaimed Funds

CBS.com recently reported the state of Texas is currently holding on t $2.5 billion in Texas unclaimed money. Texas Comptroller, Amy Redmond, explains their desire to return this money back to the original owners. The state has taken part in many different methods to notify the public about their unclaimed funds.

Much of the Texas unclaimed money comes from dividends, royalties, utility deposits and overpayments on insurance. Other forms are through rebates or refunds never cashed.

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This entry was posted on Tuesday, May 8th, 2012 at 11:48 am and is filed under News Releases, Press and Media Coverage. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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