Conn. Gen. Stat. § 3-56a et seq. · Connecticut Office of the State Treasurer — Unclaimed Property Division
Connecticut March 31 Spring Deadline Trap & 15% Interest Exposure
Connecticut's unusual March 31 filing deadline—standing apart from March 1 (DE), March 10 (NY), and April 30 (FL)—is one of the most frequently missed corporate cycles in the Northeast.
Deadline: March 31
Cutoff: December 31
No Statutory B2B Exemption
Zero Report: Conditional
Connecticut Statutory Dormancy & Compliance Schedule
| NAUPA Property Stream | Statutory Dormancy | Compliance Rule |
|---|---|---|
| Uncashed AP Vendor Checks (CK13) | 3 yrs | Connecticut provides no B2B exemption; commercial checks and credit memos are reportable after 3 years. |
| Payroll, Wages & Commissions (MS01) | 1 yr | Never B2B exempt; applies to employee final & bonus checks. |
| AR Credit Balances & Overpayments (MS09) | 3 yrs | Write-offs to income do not extinguish reporting obligation. |
| Customer Refunds (MS05) | 3 yrs | Due diligence window: 60–180 days prior to March 31. |
| Gift Cards & Stored Value (GC / MS12) | Exempt (most gift cards) | Unaddressed cards route to corporate domicile under 2nd Priority. |
| Securities & Dividends (SC01 / SC08) | 3 yrs | First-class mail for items >= $50 |
| Virtual Currency / Digital Assets (VC) | 3 yrs | Verify liquidation vs. native custodial transfer mandate. |
Key Connecticut Compliance Traps & Enforcement Risks
Missed March 31 Filing Cycle
Companies that run one spring batch on March 1 or April 30 frequently miss Connecticut's distinct March 31 deadline and incur 15% statutory interest.
Connecticut Treasurer Voluntary Compliance
Proactive remediation waiving statutory interest and penalties prior to Treasurer audit.
Statutory Interest & Penalties: 10%–15% statutory interest + penalties. Negative Report Policy: Required for prior filers and certain regulated entities.
Statutory Questions & Answers
Why is Connecticut's deadline tricky?
It falls on March 31—between Delaware (March 1) and Pennsylvania/Florida (April 15/30)—requiring separate due-diligence scheduling in January.