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Revenue Dept. hosts Spokane sessions covering unclaimed-property rules

State rules say that businesses or local governments cannot generally transfer or dispose of unclaimed property -- including most gift cards and the contents of safe deposit boxes.

Washington's Department of Revenue will host two Spokane workshops to summarize the rules and the obligations faced both by businesses and government agencies.
 
The workshop for businesses runs 9 a.m.-noon on June 13; a second business workshop just for financial institutions runs 1 p.m.-4 p.m. on June 13; the local government workshop will be 9 a.m.- noon on June 14.
 
The list of unclaimed stuff includes: paychecks, utility deposits, bank accounts, refunds, life insurance proceeds, stocks and bonds and contents of safe deposit boxes.
 
Businesses have to report unclaimed property after losing contact with owners for an extended period, generally three years.
 
To register dial  (360) 570-3264, extension 4. Or go to http://dor.wa.gov/UCPworkshops/
.



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