A recent change in Arkansas law is making it easier for residents to claim their unclaimed property checks.
With the passage of Senate Bill 14, Auditor of State Dennis Milligan now has the ability to automatically send checks to eligible individuals—eliminating the need for a formal claim process.
How the Automatic Payment System Works?
Under the new data match initiative, Arkansas residents may receive their unclaimed funds without having to file a claim. Here’s how it works:
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Individuals with unclaimed property valued between $50 and $5,000 are identified.
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The state automatically processes and mails checks to these individuals.
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The initiative aims to reduce bureaucracy and ensure faster returns of unclaimed funds.
According to Milligan, this initiative will put millions of dollars back into the hands of rightful owners, making the process more efficient and accessible.
Read: Do You Have Unclaimed Money Waiting for You?
How to Search for Unclaimed Property?
If your unclaimed property does not qualify for automatic processing, you can still claim it manually through the Great Arkansas Treasure Hunt program:
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Visit the official website – Go to Arkansas Auditor of State’s website.
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Search for your name – Enter your details to see if you have unclaimed funds.
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File a claim – If property is found, follow the online claim submission process.
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Provide necessary documents – Verification may be required to prove ownership.
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Receive your funds – Once approved, the payment will be sent to you.
Claiming Property for a Deceased Relative or Business
For those claiming funds on behalf of a deceased relative or a business, additional documentation is required, such as:
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Proof of relationship or legal authority
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Business ownership documentation
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Valid identification for verification
What Happens Next?
The data match initiative is expected to return over $83 million across 360,000 accounts in Arkansas.
Eligible recipients will receive a postal notification before their check is mailed.
Since January 2023, the state has returned over $70 million to Arkansans through the Great Arkansas Treasure Hunt program.
For more details or to check for unclaimed funds, visit the Arkansas Auditor of State’s website.
Previous article: Ohio Residents: Check for Unclaimed Funds Before the State Website Goes Down
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