States prepare lawsuit over unredeemed Savings Bonds
Wednesday, September 22nd, 2004
Categorized as: Stinker bonds
As we first mentioned here on August 5th, State Treasurers have figured out that their unclaimed property divisions should be trying to find the owners of Savings Bonds that have stopped earning interest and that are still unredeemed.
According to an article in yesterday’s Charlotte Observer, the State Treasurer of North Carolina has entered the suit, which is being organized by the State Treasurer in New Jersey.
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Tom Adams