Arizona’s handling of $2.8 billion in unclaimed property questioned in court
Key Points: Arizona holds nearly $2.8 billion in unclaimed property State agency gives insufficient notice to property owners Arizona law requires only 120 days’ notice before seizing unclaimed property Arizonans […]
Annual unclaimed property auction draws bargain hunters
Once a year, the Arizona Department of Revenue auctions off unclaimed property that is abandoned in safe deposit boxes around the state. If items sit inside a safe deposit box for more than three years after the lease or rental period on the box has expired, the property is considered unclaimed, according to the department’s website.








