Montana paying money to give it away
Monday, November 21st, 2005This week, the Montana Department of Revenue spent almost $10,000 to place 8,824 names in legal advertisements in daily newspapers across the state to contact the money’s owners.
Under a program set up by Montana law in 1963, unclaimed or abandoned money eventually gets turned over to the state. The state will hold it in trust for perpetuity.
To date, the state of Montana has collected about $47 million, and $16 million has been returned.
Check your family tree, a long-gone distant relative might be on this list. If you can provide proof of heritage, you could become richer.