UNCLAIMED TRUST ACCOUNTS - 18424

Unclaimed trust accounts are accounts in the Special Deposit Fund (SDF) to provide a depository for:

• Any unclaimed money that is required by law to be deposited into the SDF.
• Any unclaimed money, including deposits, that is not required by law to be deposited into a specific fund.
  
  

  Types of unclaimed money

1. Unclaimed State Controller’s warrants (see SAM Sections 8281 and 8580.5)
   
2. Unclaimed agency checks (see SAM Section 8042)

   Agency checks include:

   1. General cash checks
   2. Revolving fund checks
   3. Agency trust fund checks

Unclaimed agency trust fund checks will be credited to the depositor or special trust accounts unless the trust agreement or statute under which the trust was established requires that such checks be remitted to the SDF.

3. Unclaimed deposits
Unless otherwise provided by law, unclaimed deposits will be remitted monthly to the State Treasury for deposit in the SDF (see SAM Section 8283).