Kentucky still has unclaimed tobacco settlements
Tobacco farmers were once given a settlement to no longer raise tobacco. If you thought that all the money was given out, think again.
In the fall of 2005 the Treasurer’s Unclaimed Property Division received payment under the Master Settlement agreement (MSA) between the major domestic cigarette manufacturers and 46 states. This is money that had gone unclaimed for several years.
Further looking into this uncovered that there are about 1,300 farmers in Kentucky who have not claimed all they were due from the tobacco settlements.
The state is now making public presentations to help get the word out about these unclaimed funds. It seems strange that such efforts have to be made to find people to give them money.
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