IC 32-34-1.5 (IN-RUUPA) · Indiana Office of the Attorney General — Unclaimed Property Division

Indiana RUUPA November 1 Filing & Attorney General VDA Oversight

Administered directly by the Indiana Attorney General, Indiana enforces a 3-year AP/AR and 1-year wage dormancy schedule alongside a Tier 2 credit-balance exclusion.

Deadline: November 1 Cutoff: June 30 Tier 2 — Credit Balances Only Zero Report: Not Required

Indiana Statutory Dormancy & Compliance Schedule

NAUPA Property Stream	Statutory Dormancy	Compliance Rule
Uncashed AP Vendor Checks (CK13)	3 yrs	Indiana exempts B2B credit balances arising from commercial sales/overpayments, while uncashed vendor AP checks remain reportable.
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 November 1.
Gift Cards & Stored Value (GC / MS12)	Exempt (qualified gift cards)	Unaddressed cards route to corporate domicile under 2nd Priority.
Securities & Dividends (SC01 / SC08)	3 yrs	First-class mail (plus email if consented) >= $50
Virtual Currency / Digital Assets (VC)	3 yrs	Verify liquidation vs. native custodial transfer mandate.

Key Indiana Compliance Traps & Enforcement Risks

AG Enforcement & Electronic Notice Option Indiana RUUPA permits electronic due-diligence confirmation where email consent exists, but still enforces strict AP check reporting.

Indiana Attorney General VDA Program

Administered by the Attorney General's office, waiving statutory interest and penalties for voluntary compliance.

Statutory Interest & Penalties: Statutory interest + $200/day penalty. Negative Report Policy: Not required for holders with zero reportable property.

Statutory Questions & Answers

Who administers Indiana unclaimed property?

The Indiana Office of the Attorney General (unlike Treasurer/DOR states).