Electronic Documents of Illinois
Document IdentificationUsers should pay particular attention to version identification or dates of publication of documents retrieved. Earlier, possibly superseded, versions of documents are also stored here. Title
Instructions for filing the Annual Report and the Annual Remittance Detail of Unclaimed Property using Forms UPD601 and UPD602
- The Illinois Uniform Disposition of Unclaimed Property Act 765 ILCS 1025/1-30 (Act) requires the reporting of all intangible personal property (and any earnings thereon) held by banking and financial organizations, and insurance companies other than life insurance corporations which have remained unclaimed by the owner for five (5) years be presumed abandoned. Therefore, all property held by these types of businesses with dates of last activity of June 30, 2001 and prior are considered abandoned and must be reported. The due date for filing the Annual Report of Unclaimed Property is November 1, 2006. Additionally, intangible personal property being held by governmental entities which has remained unclaimed by the owner for a period of seven (7) years is also presumed abandoned and must be reported. Governmental entities must report and remit abandoned property with dates of last activity for June 30, 1999 and prior, by November 1, 2006.
Originally Deposited as: 2418
Phone Number: Language(s): EN-English Volume or Year: 2006
Number or Issue: November 1 Date Created: 08 11 2006
Date Last Modified: 08 11 2006 Librarian Remarks:
Access This Publication1. Instructions for filing the annual report and the annual remittance detail of unclaimed property using forms UPD601 and UPD602 (Instructionsforfilingannualreport-unclaimedproperty8-06.pdf).
Document Size:188077 Software: Acrobat Distiller Version: 7.0.5 Windows This is part of a series. It is part of Instructions for filing the Annual Report and the Annual Remittance Detail of Unclaimed Property using Forms UPD601 and UPD602: 2719