Unclaimed Property Types & NAUPA II Liability Matrix
Escheatment rules diverge sharply across property streams. Wages trigger dormancy in 1 year across most states, AR credit memos enjoy Tier 2 exemptions unavailable to AP checks, and digital assets split between USD liquidation and native transfer.
Uncashed AP Vendor & Expense Checks (CK13): Stale-Dating & Void Testing
Uncashed accounts payable checks represent the highest-volume item in corporate VDA schedules—and the #1 source of overstated liability when accounting-error voids and Tier 1 B2B exclusions are ignored.
Unclaimed Payroll, Final Wages & Commissions (MS01)
Unclaimed wages carry the shortest statutory dormancy period in unclaimed property law—just 1 year in over 35 states including Delaware, California, Texas, Illinois, Florida, Ohio, and Massachusetts—and are NEVER exempt under any B2B statute.
Aged AR Credit Balances, Unapplied Cash & Customer Overpayments (MS09)
Accounts receivable credit memos, duplicate customer remittances, and unapplied cash sit hidden in AR subledgers for years—until finance clears them into miscellaneous income, creating silent audit exposure.
Gift Card Escheatment, Stored-Value Breakage & Domicile Risk
Retailers and SaaS/hospitality brands routinely book gift card breakage into GAAP revenue—only to discover that unaddressed cards escheat 100% of remaining face value to their State of Incorporation under Second-Priority rules.
Corporate Equity, Dividends & Lost Shareholders (SC01 / SC08)
Underlying shares and uncashed dividends carry the highest single-owner financial and reputational stakes in unclaimed property—because premature escheatment triggers forced liquidation by state treasuries.
Virtual Currency & Digital Asset Escheatment Rules
Fintech platforms, custodians, and exchanges holding dormant customer wallets face conflicting statutory mandates: Delaware and Illinois compel liquidation to U.S. dollars prior to transfer, while California and New York mandate native token delivery.