California reports $5.7 billion in unclaimed property belonging to approximately 11.6 million individuals and organizations. They have periodic auctions to distribute tangible property such as found in a safe deposit box. Their office provides unique service that sends out notices warning funds when funds are about to become unclaimed, and when properties have been sent to the state. The names of unclaimed property owners appear periodically in state newspapers. California has no time limit for an owner or heirs to claim their property. A Locator Unit division aggressively seeks to identify owners of unclaimed property. Their web site offers a searchable database which is updated frequently.
Office of State Controller John Chiang
Unclaimed Property Division
P.O. Box 942850
Sacramento, California 94250-5873
Unclaimed Property Call Center (800) 992-4647 (Nationwide)
(916) 323-2827 Outside of U.S