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Unclaimed property due diligence: the owner letters holders must send

Before a business reports unclaimed property to the state, most states require it to write to the owner one last time; this is the due diligence letter.7 Timing and thresholds differ by state: Michigan, for example, requires the letter 60 to 365 days before the report for property of $50 or more,3 Kansas 60 to 120 days for items over $100.1

Updated · Facts checked against official sources November 3, 2026

On this page
  1. When the letter must go out, state by state
  2. Michigan due diligence letters
  3. What the letter must say
  4. How the letter is sent
  5. What counts as contact with the owner
  6. Costs, penalties and records
  7. Next step
  8. Questions people ask
  9. Sources
  • The letter is a last attempt to reach the owner before the property goes to the state.7
  • The common window is 60 to 120 days before the report, as in Delaware, Louisiana and New Mexico,111522 but Michigan allows up to 365 days3 and Connecticut uses fixed dates, July 1 to September 30.10
  • Most states listed here require letters for property of $50 or more; Alaska, Maryland, Minnesota and Virginia use $100,6171831 while Guam and North Dakota go down to $25.1323
  • Some states require certified mail for large amounts: Florida a second, certified notice for property over $1,000,12 and Ohio certified mail instead of first-class mail at $1,000 or more.24
  • A letter that is not returned does not count as contact with the owner in Michigan,3 and a returned letter does not count in Connecticut.10

Due diligence is the step between finding a dormant account on your books and sending it to the state. Under most state laws, a holder that has a usable address for the owner must write to the owner first, within a set window before the report, and give them a chance to keep the property.13 Arkansas’s Auditor of State describes it as the last attempt to reunite the property with its owner before escheatment.7

To work out which state a given property is reported to, see the holder overview.

When the letter must go out, state by state

These are the rules in the states listed below, from official sources. “Before the report” means before the holder files its annual report, unless the row says otherwise. For report due dates, see the reporting deadlines table.

Due diligence timing and thresholds by state
State When to send Which owners
Alabama At least 60 days before the report5 $50 or more, or a higher amount set by rule5
Alaska Not more than 120 days before the report6 $100 or more6
Arkansas 90 to 180 days before the report7 Not needed below $507
California 6 to 12 months before the property becomes reportable8 $50 or more9
Connecticut July 1 to September 30 of the year abandonment is presumed10 Mail at $50 or more per owner; email at any amount if the owner agreed to email notices10
Delaware 60 to 120 days before the report11 $50 or more; all securities11
Florida 90 to 180 days before the report; a second, certified notice at least 60 days before for property over $1,00012 $50 or more12
Guam Before October 113 $25 or more; all securities and safe deposit boxes13
Iowa Before the annual report14 No mailing needed below $5014
Kansas 60 to 120 days before the report1 Items over $100; all safe deposit boxes and stock1
Louisiana 60 to 120 days before the report15 $50 or more15
Maine 60 to 180 days before the report16 $50 or more per owner in total16
Maryland 30 to 120 days before the report17 $100 or more17
Michigan 60 to 365 days before the report3 $50 or more3
Minnesota Not more than 120 days before the report18 $100 or more18
Mississippi Suggested: at least 60 days before the report19 Suggested: $50 or more19
Missouri Before remitting20 $50 or more20
Nebraska 60 to 120 days before the reporting deadline21 Items above $25; all dormant safe deposit boxes21
New Mexico 60 to 120 days before the report22 $50 or more22
North Dakota Not more than 120 days before the report23 $25 or more23
Ohio At least 30 days before the report24 $50 or more24
Oklahoma Not more than 120 days before the report25 $50 or more, and recurring payments under $5025
Pennsylvania 60 to 120 days before the report date26 $50 or more26
South Dakota No later than 60 days before escheatment28 $50 or more27
U.S. Virgin Islands 60 to 120 days before the report29 $50 or more29
Utah 60 to 180 days before the report under the statute30 No mailed notice needed below $50, under the state’s rule36
Virginia At least 60 days before the report31 $100 or more31
West Virginia 60 to 120 days before the report32 $50 or more32
Wyoming Not more than 120 days before the report33 $50 or more33

Some states word the rule differently in different official sources. Utah’s statute says 60 to 180 days,30 while its administrative rule says between 60 days and one year before reporting.36 Michigan’s FAQ says due diligence applies when the property is “over $50”,2 while its 2026 holder manual says “$50 or more”.3

Many of the statutes above also say the letter is needed only when the holder has an address that its records do not show to be wrong, and when the owner’s claim is not time-barred.52225

Michigan due diligence letters

Michigan’s Treasury manual requires written notice to the owner’s last known address when three conditions are met: the address appears to be accurate, the property is $50 or more, and the statute of limitations does not bar the owner’s claim.3 The letter must:

  • tell the owner the property will be transferred to the state if they do not respond;3
  • give a deadline for contacting the holder to stop the property from being reported;3
  • be sent no less than 60 and no more than 365 days before the report is filed.3

Michigan’s report is due on the first business day of July, for property that reached its dormancy period by March 31.4 Treasury’s recommended timeline puts the letters on or before April 15.4 The manual also says that a letter not coming back from the post office does not, by itself, count as contact with the owner or activity on the account.3 Sample letters are in Appendix C of the manual.3

What the letter must say

Several states write the heading into law. Delaware’s letter must open with: “Notice. The State of Delaware requires us to notify you that your property will be transferred to the custody of the State Escheator if you do not contact us before [insert date that is 30 days after the date of this notice.]”.11 Utah’s statute has a similar heading with its own wording.30

In other states the content is set in general terms. Michigan asks for the transfer warning and a response deadline.3 California’s law asks holders to tell the owner that the property will escheat to the state.9 Each state page links its program’s holder pages.

How the letter is sent

The statutes usually call for first-class mail, as in Delaware and Maryland.1117 Some states add email or certified mail:

  • Email. In Connecticut, a holder whose owner agreed to electronic notices must also email the owner, whatever the amount.10 California allows electronic notice when the owner consented.9
  • Certified mail. Florida requires a second notice by certified mail, return receipt requested, for property over $1,000.12 Ohio requires certified mail for its OUF-8 notice when the amount is $1,000 or more.24

What counts as contact with the owner

Connecticut says that if the owner contacts the holder by phone, email, letter or in person, that is contact and the property should not be presumed abandoned.10 Returned mail and silence are treated differently. Connecticut also says a letter returned as undeliverable is not contact, and the property must be reported.10 Michigan says a letter that is not returned does not, by itself, count as contact either.3

Costs, penalties and records

  • Costs. Pennsylvania forbids charging the owner any cost or fee for the notice.26 Florida lets the holder deduct the certified-mail postage from the property as a service charge,12 and Ohio allows up to $20 for mailing costs on certified notices.24
  • Penalties. In Kansas, willfully failing to send the notice carries a civil penalty of up to $5 for each owner not notified.34 Iowa’s Treasurer may charge a holder that did not do due diligence on time $5 for each account reported, if 35% or more of the accounts are claimed within 24 months after the report is filed.14 Connecticut does not grant reporting extensions to holders that failed to complete due diligence.10
  • Records. Ohio requires holders to keep records for five years beyond the dormancy period, including the signed, returned OUF-8 notices.35

These are the rules as each state publishes them. They are not legal advice; each state’s own law and its unclaimed property office decide how they apply to a particular holder.

Next step

Find each owner’s state with the which-state tool and check the dormancy table. If you have nothing to report, see negative reports; if earlier reports were missed, see voluntary disclosure. To see these notices from the owner’s side, read why you got a letter.

Questions people ask

What is an unclaimed property due diligence letter?

It is the written notice a holder sends to the owner at the last known address before reporting the property to the state, saying the holder has property that will be turned over unless the owner responds.13 The Arkansas Auditor of State calls it the last attempt to reunite the property with its owner before escheatment.7

What is the Michigan due diligence letter requirement?

Michigan's Treasury manual requires written notice when the owner's address appears accurate, the property is $50 or more and the claim is not barred; the letter must be sent 60 to 365 days before the report and give the owner a deadline to respond.3 Treasury's recommended timeline says to mail letters by April 15 for the report due the first business day of July.4

When do due diligence letters have to be sent?

It depends on the state of the owner's address. Many states use 60 to 120 days before the report, such as Delaware and West Virginia;1132 Florida uses 90 to 180 days,12 Maine and Utah 60 to 180 days,1630 and Connecticut July 1 to September 30.10

Is there a minimum amount for due diligence?

Usually yes. Most states listed here set $50,51112 others $100617 or $25.1323 Connecticut requires email notice for any amount when the owner agreed to electronic notices.10

Can a business charge the owner for the letter?

Rules differ. Pennsylvania forbids any cost or fee to the owner for the notice.26 Florida lets the holder deduct the postage for its certified-mail notice as a service charge,12 and Ohio allows up to $20 for mailing costs on certified notices.24

Sources

Footnote numbers point here. Open "Quoted text" for the exact words relied on ("[…]" marks words left out).

  1. Reporting Guidelines Kansas State Treasurer · missingmoney.ks.gov · checked Nov. 3, 2026
    Quoted text (1)
    Due diligence: Letters for items over $100, safe deposit boxes and stock should be mailed no more than 120 days and no less than 60 days before the report is filed.
  2. FAQs: Reporting Property Michigan Department of Treasury, Unclaimed Property · unclaimedproperty.michigan.gov · checked Nov. 3, 2026
    Quoted text (2)
    Holders have a legal obligation to contact the owners of unclaimed property no less than 60 days and no more than 365 days before it is turned over to the State.
    Due diligence is required when the holder possesses the last known valid address of the property owner and the value of the property is over $50.
  3. Manual for Reporting Unclaimed Property (Form 2013) Michigan Department of Treasury, Unclaimed Property · unclaimedproperty.michigan.gov · Revised February 2026 · checked Nov. 3, 2026
    Quoted text (6)
    Michigan law requires holders to send written notice to the last known address provided by the owner if the following conditions exist: 1. The address for the owner appears to be accurate. 2. The property has a value of $50 or more. 3. The statute of limitations does not bar the claim of the owner
    Must advise the owner their property will be transferred into State custody if a response is not received.
    Must provide owner with a deadline date to contact holder to prevent the funds from being reported.
    Must be sent not less than 60 days, nor more than 365 days, before the filing of the report.
    Mail not returned to the holder by the post office does not, by itself, qualify as contact with the owner or activity on the account.
    See Appendix C for samples of due diligence letters.
  4. Reporting Information Michigan Department of Treasury, Unclaimed Property · unclaimedproperty.michigan.gov · checked Nov. 3, 2026
    Quoted text (2)
    The due date for filing the unclaimed property annual report is the first business day of July for property reaching its dormancy period as of March 31 of that year.
    On or Before April 15 Prepare and mail due diligence letters to those property owners identified as inactive.
  5. Code of Alabama § 35-12-76 Alabama Legislature · alison.legislature.state.al.us · checked Nov. 3, 2026
    Quoted text (3)
    (d) The holder shall send written notice to the apparent owner, not less than 60 days before filing the report, stating that the holder is in possession of property subject to this article, if all of the following requirements are met:
    (1) The holder has in its records an address for the apparent owner which the holder’s records do not disclose to be inaccurate. (2) The claim of the apparent owner is not barred by a statute of limitations.
    (3) The value of the property is fifty dollars ($50) or a greater amount as established by rule.
  6. Alaska Statutes AS 34.45, Uniform Unclaimed Property Act Alaska State Legislature · akleg.gov · checked Nov. 3, 2026
    Quoted text (2)
    Not more than 120 days before filing the report required by this section, the holder in possession of property presumed abandoned and subject to custody as unclaimed property under AS 34.45.110 — 34.45.430 shall send written notice to the apparent owner at the owner's last known address
    (3) the property has a value of $100 or more.
  7. Holder Seminar 2026, Session 2: Identifying Reportable Property and Due Diligence (slides) Arkansas Auditor of State · auditor.ar.gov · September 2026 · checked Nov. 3, 2026
    Quoted text (3)
    Required by all reporting jurisdictions as a last attempt to reunite the property prior to escheatment
    Occur not more than 180-days and not less than 90-days prior to report
    Must be performed unless your records indicate the address is inaccurate, owner is barred from claiming, or amount is below $50
  8. How to Report California State Controller's Office · sco.ca.gov · checked Nov. 3, 2026
    Quoted text (1)
    California Unclaimed Property Law requires businesses to notify property owners by mail if they have property that will become reportable within 6-12 months.
  9. Unclaimed Property Law and Regulations (official compilation) California State Controller's Office · sco.ca.gov · February 2026 · checked Nov. 3, 2026
    Quoted text (1)
    records an address for the apparent owner of property valued at fifty dollars ($50) or more, which the holder’s records do not disclose to be inaccurate, the holder shall make reasonable efforts to notify the owner by mail or, if the owner has consented to electronic notice, electronically, that the owner’s property will escheat to the state pursuant to this chapter.
  10. FAQs: Holder Reporting Connecticut Office of the Treasurer, Unclaimed Property Division · ctbiglist.gov · checked Nov. 3, 2026
    Quoted text (6)
    Such due diligence notice must be sent to owners between July 1st and September 30th of the calendar year in which the presumption of abandonment is to take effect.
    In addition, regardless of the properties value, if a holder has received consent to the electronic delivery of any notices required by law, due diligence must be sent by electronic mail directed to the owner’s last-known electronic mail address.
    Due diligence sent by first class mail is only required if the cumulative value of the owner’s property is $50 or more. Due diligence through electronic mail is to be performed on all properties irrespective of dollar amount.
    If the owner contacts the holder via phone conversation, email, letter, or in person, this is considered contact and the property should not be presumed abandoned.
    If the due diligence letter is returned by the post office as undeliverable, this is not “contact” with the owner and the property is subject to reporting and remittance by the holder.
    An extension will NOT be granted to companies who failed to complete due diligence requirements, as set forth in state law.
  11. Delaware Code Title 12, Chapter 11, Subchapter II. Unclaimed Property Delaware General Assembly · delcode.delaware.gov · checked Nov. 3, 2026
    Quoted text (3)
    The holder of property presumed abandoned shall send to the owner notice that complies with § 1149 of this title in a format acceptable to the State Escheator, by first-class United States mail, not more than 120 days nor less than 60 days before filing the report under § 1142 of this title
    (2) The value of the property is $50 or more, unless the property is a security
    “Notice. The State of Delaware requires us to notify you that your property will be transferred to the custody of the State Escheator if you do not contact us before [insert date that is 30 days after the date of this notice.]”
  12. Chapter 717, Florida Statutes (2026) The Florida Legislature · leg.state.fl.us · 2026 Florida Statutes · checked Nov. 3, 2026
    Quoted text (4)
    (2) Holders of property presumed abandoned which has a value of $50 or more shall use due diligence to locate and notify the apparent owner
    At least 90 days, but not more than 180 days, before filing the report required by this section, a holder in possession of presumed abandoned property shall send written notice by first-class United States mail to the apparent owner’s last known address
    (3) If the value of the property is greater than $1,000, the holder must send a second written notice by certified United States mail, return receipt requested, to the apparent owner’s last known address at least 60 days before filing the report required by this section
    Reasonable costs paid to the United States Postal Service for certified mail, return receipt requested, may be deducted from the property as a service charge.
  13. Reporting Guidelines for Holders of Unclaimed Property Government of Guam, Department of Administration, Treasurer of Guam · doa.guam.gov · March 2023 · checked Nov. 3, 2026
    Quoted text (1)
    Before October 1, Holders must send notices to owners of securities, safe deposit boxes, and property with a value of $25 or more prior to reporting the accounts to the Treasurer of Guam (TOG).
  14. Iowa Code 2026, Chapter 556, Disposition of Unclaimed Property Iowa Legislature · legis.iowa.gov · Iowa Code 2026 · checked Nov. 3, 2026
    Quoted text (3)
    the holder shall, before filing the annual report, communicate with the owner and take necessary steps to prevent abandonment from being presumed.
    A holder is not required to make a due diligence mailing to owners whose property has an aggregate value of less than fifty dollars.
    The treasurer of state may charge a holder that fails to timely exercise due diligence, as required in this subsection, five dollars for each name and address account reported if thirty-five percent or more of the accounts are claimed within the twenty-four months immediately following the filing of the holder report.
  15. La. R.S. 9:159 Louisiana State Legislature · legis.la.gov · checked Nov. 3, 2026
    Quoted text (2)
    (1) The holder of property presumed abandoned shall send written notice to the apparent owner not more than one hundred twenty days nor less than sixty days before filing the report required by this Section
    (c) The value of the property is fifty dollars or more.
  16. 33 M.R.S. §2101 Maine Legislature, Office of the Revisor of Statutes · legislature.maine.gov · checked Nov. 3, 2026
    Quoted text (2)
    not more than 180 days nor less than 60 days before filing the report under section 2091 if:
    B. The value of the property held for an owner in aggregate is $50 or more.
  17. Maryland Code, Commercial Law § 17-308.2 Maryland General Assembly · mgaleg.maryland.gov · checked Nov. 3, 2026
    Quoted text (1)
    Not more than 120 days or less than 30 days before the filing of the report required under § 17–310 of this subtitle, the holder in possession of presumed abandoned property shall send a written notice by first–class mail to the apparent owner of presumed abandoned property valued at $100 or more to the owner’s last known address
  18. Minnesota Statutes chapter 345, Unclaimed Property Minnesota Office of the Revisor of Statutes · revisor.mn.gov · 2026 Minnesota Statutes · checked Nov. 3, 2026
    Quoted text (2)
    Not more than 120 days before filing the report required by this section, the holder in possession of property abandoned and subject to custody as unclaimed property under this chapter shall send written notice to the presumed owner at that owner's last known address
    (3) the property has a value of $100 or more.
  19. FAQs: Reporting Property Office of the Mississippi State Treasurer · ms.findyourunclaimedproperty.com · checked Nov. 3, 2026
    Quoted text (1)
    We suggest you send your due diligence letters at least 60 days before reporting your unclaimed property funds. We also suggest you send due diligence letters for property of $50 or more.
  20. Reporting Unclaimed Property Missouri State Treasurer's Office · treasurer.mo.gov · checked Nov. 3, 2026
    Quoted text (1)
    If the owner is due $50 or more, an attempt to locate the owner, known as due diligence, must be performed before remitting the property.
  21. Nebraska Unclaimed Property Holder Reporting Handbook Nebraska State Treasurer, Unclaimed Property Division · nebraskalostcash.nebraska.gov · checked Nov. 3, 2026
    Quoted text (2)
    Holders are required to perform due diligence, for each item of unclaimed property above $25, you should send a notification letter to the last known address of the owner at least 60 days and no more than 120 days before the reporting deadline.
    Due diligence notices are required to be sent for all dormant safe deposit boxes in efforts to avoid escheatment.
  22. NMSA 1978, Chapter 7, Article 8A, Uniform Unclaimed Property Act (1995) New Mexico Compilation Commission · nmonesource.com · checked Nov. 3, 2026
    Quoted text (3)
    F. The holder of property presumed abandoned shall send written notice to the apparent owner, not more than one hundred twenty days or less than sixty days before filing the report
    (1) the holder has in its records an address for the apparent owner which the holder's records do not disclose to be inaccurate; (2) the claim of the apparent owner is not barred by a statute of limitations;
    (3) the value of the property is fifty dollars ($50.00) or more.
  23. Report Guidelines North Dakota Department of Trust Lands, Unclaimed Property Division · unclaimedproperty.nd.gov · checked Nov. 3, 2026
    Quoted text (1)
    As required by N.D.C.C. Section 47-30.2-26 and N.D.C.C. Section 47-30.2-27 if the account is $25 or more, you have an obligation to send a letter to the owner's last know address not more than 120 days prior to filing this report.
  24. Self-Examination of Accounts (holder reporting instructions, OUF-1A) Ohio Department of Commerce, Division of Unclaimed Funds · dam.assets.ohio.gov · checked Nov. 3, 2026
    Quoted text (4)
    For items $50.00 or more, a statutorily required due-diligence mailing is required.
    A Notice of Unclaimed Funds– Form OUF-8 must be sent via first class mail to the last known address of the owner of each dormant account with a balance of $50.00 and less than $1,000.00. The Notice must be sent via certified mail, return receipt requested, to the owners of accounts with a value of $1,000.00 or more.
    The company is authorized to charge the actual cost of the certified mail up to $20.00 against each account with a value of $1,000.00 or more
    Only after the expiration of thirty (30) days following the date of mailing of the owner notification (OUF Form 8) can the funds be reported to the State.
  25. Oklahoma Statutes Title 60, Uniform Unclaimed Property Act Oklahoma Legislative Service Bureau · oklegislature.gov · checked Nov. 3, 2026
    Quoted text (3)
    E. Not more than one hundred twenty (120) days before filing the report required by this section, the holder in possession of property presumed abandoned and subject to custody as unclaimed property under the Uniform Unclaimed Property Act shall send written notice to the apparent owner at the owner’s last-known address
    1. The holder has in the records of the holder an address for the apparent owner which the holder’s records do not disclose to be inaccurate; 2. The claim of the apparent owner is not barred by the statute of limitations;
    3. The property has a value of Fifty Dollars ($50.00) or more, or the property has a value of less than Fifty Dollars ($50.00) and is one of a recurring number of continuous payments
  26. The Fiscal Code, Article XIII.1 (72 P.S. § 1301.1 et seq.) Pennsylvania General Assembly · palegis.us · checked Nov. 3, 2026
    Quoted text (3)
    The holder of property presumed abandoned shall send notice to the owner, not more than one hundred twenty (120) days nor less than sixty (60) days prior to the date in which the corresponding report is to be submitted to the State Treasurer
    the value of the property is fifty dollars ($50) or more.
    No cost or fee shall be imposed upon an owner associated with any notice under this section.
  27. SDCL 43-41B-18 South Dakota Legislature · sdlegislature.gov · checked Nov. 3, 2026
    Quoted text (1)
    For property having a value of fifty dollars or more, the holder shall mail notice to each person entitled to the property presumed abandoned under this chapter, except that mailing of notice is not required if the holder's records indicate the owner's address is inaccurate.
  28. FAQs: Reporting Property South Dakota State Treasurer, Unclaimed Property Division · southdakota.findyourunclaimedproperty.com · checked Nov. 3, 2026
    Quoted text (1)
    Notices should be mailed no later than 60 days prior to escheatment to give sufficient time for a response.
  29. Act No. 6999, Virgin Islands Uniform Unclaimed Property Act Legislature of the Virgin Islands (published by the Office of the Lieutenant Governor) · ltg.gov.vi · checked Nov. 3, 2026
    Quoted text (2)
    (e) The holder of property presumed abandoned shall send written notice to the apparent owner, not more than 120 days or less than 60 days before filing the report
    (3) the value of the property is $50 or more.
  30. Utah Code Title 67, Chapter 4a, Revised Uniform Unclaimed Property Act Utah Legislature · le.utah.gov · checked Nov. 3, 2026
    Quoted text (2)
    not more than 180 days nor less than 60 days before filing the report under Section 67-4a-401 if:
    "Notice. The State of Utah requires us to notify you that your property may be transferred to the custody of the state's unclaimed property administrator if you do not contact us before (insert date that is 30 days after the date of this notice)."
  31. Reporting Unclaimed Property (slides) Virginia Department of the Treasury · vamoneysearch.gov · checked Nov. 3, 2026
    Quoted text (1)
    For items $100 or greater in value, the law requires that written notice be sent by first class mail to the owner’s last know address at least 60 days prior to reporting.
  32. W. Va. Code §36-8-7. Report of abandoned property West Virginia Legislature · code.wvlegislature.gov · checked Nov. 3, 2026
    Quoted text (2)
    (e) The holder of property presumed abandoned shall send written notice to the apparent owner, not more than one hundred twenty days or less than sixty days before filing the report
    (3) The value of the property is $50 or more.
  33. Wyoming Statutes Title 34, Chapter 24, Uniform Unclaimed Property Act Wyoming Legislature · wyoleg.gov · checked Nov. 3, 2026
    Quoted text (2)
    Not more than one hundred twenty (120) days before filing the report required by this section, the holder in possession of property deemed abandoned and subject to custody as unclaimed property under this act shall send written notice to the apparent owner at that owner's last known address
    (iii) The property has a value of fifty dollars ($50.00) or more.
  34. K.S.A. 58-3967. Interest and penalties Kansas Office of Revisor of Statutes · ksrevisor.gov · checked Nov. 3, 2026
    Quoted text (1)
    shall pay a civil penalty not to exceed $5 for each failure to send written notice to an apparent owner.
  35. Ohio's Unclaimed Funds Reporting: Simplify Compliance in 3 Steps (webinar slides) Ohio Department of Commerce, Division of Unclaimed Funds · dam.assets.ohio.gov · Sept. 28, 2026 · checked Nov. 3, 2026
    Quoted text (2)
    Holders must retain records for five (5) years beyond the applicable period of dormancy.
    All signed, returned OUF Notice of Unclaimed Funds (OUF-8 Forms) sent by a holder to the reported owner
  36. Utah Admin. Code R966-1, Unclaimed Property Act Rules Utah Office of Administrative Rules · adminrules.utah.gov · effective Sept. 9, 2026 · checked Nov. 3, 2026
    Quoted text (2)
    the holder of property presumed abandoned shall send to the apparent owner a due diligence notice by first-class United States mail between 60 days and one year before reporting the property.
    A holder does not need to send notice by first-class United States mail if any of the following are true: (a) The property is valued at less than $50;