$32.8 million in property returned
CARSON CITY -- State Treasurer Kate Marshall said $32.8 million in unclaimed property was returned to Nevadans during the fiscal year that ended June 30.
Marshall said the amount is a new state record and exceeds the previous record of $25.3 million reached in 2009.
Claims paid for unclaimed property rose 36 percent in 2011 over the previous year.
Marshall partially credits a new "fast track" system that allows claims under $2,500 to be paid through an automated process for the increase.
The Unclaimed Property Division in the treasurer's office currently is holding more than $492 million in abandoned property.
