Unclaimed Property Auction
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To ensure unclaimed property can be returned to its rightful owner, state law requires businesses and government agencies holding unclaimed property to file unclaimed property reports annually with the Arkansas Auditor of State.

Businesses and government agencies are required to report and remit unclaimed property by November 1st every year. Reports and remittances must be received in our office by the last business day in October. Life insurance companies are required to report and remit unclaimed property by May 1st each year. These properties must be received in our office by the last business day in April.

Our website offers holders of unclaimed property the ability to create and submit report(s) online. We follow the standard format set out by the National Association of Unclaimed Property Administrators (NAUPA). If you’d like to submit a manual report instead, watch the video below:

Once you’re ready to submit your report, please click on one of the links below:

Arkansas Voluntary Filing

As an ongoing effort to promote compliance with Unclaimed Property law, the Office of the Auditor of State offers three voluntary filing programs to any holder not currently under audit or in receipt of an audit commencement letter from this office. Submit your request in writing with any necessary agreements to [email protected].

Frequently Asked Questions

Unclaimed property is any financial asset, usually intangible, held for a person or entity that cannot be found. Examples of unclaimed property types include account balances, unpaid wages or commissions, stocks, bonds, refunds, utility deposits, insurance proceeds, cashier’s checks, money orders, safe deposit box contents, and others.
Any business entity in possession of unclaimed property is a potential holder. Examples of holders include banks, insurance companies, investment firms, utilities, corporations, partnerships, LLCs, sole-proprietorships, government agencies, not-for-profit organizations, estates, trusts, universities, hospitals, doctors’ offices, grocery stores, gas stations, or any other entity holding money for a client, customer, or otherwise. Generally, if you are acting as a fiduciary, you could be considered a holder of unclaimed property.
Identify if your business is holding unclaimed property. Determine if the property has been inactive or dormant for the appropriate abandonment period (can be between 1-15 years, depending on property type). Perform due diligence. Collect information. Prepare the report. File the report and submit property to us by the deadline.
Due diligence is written notice to the owners at their last known address informing them of property that will be reported unless they respond in a timely manner to reclaim the money from the holder. Owners must be provided at least 90 days to respond to due diligence letters before a report is filed. Due diligence must be performed if the value is greater than $50 and the address for the owner appears to be accurate. For your convenience, sample due diligence letters are provided on pages 17 and 18.
The holder must send a written notice to the owner stating the holder is in possession of property which has been deemed abandoned and will be turned over to the state as unclaimed if the owner does not reply. Due diligence notices only need to be sent for properties of $50 or more and do not need to be sent to those owners whom the address on the holder’s records has been proven to be incorrect.
In Arkansas, most property types are presumed abandoned or unclaimed if there has been no account activity for three years. However, wages, commissions, and utility deposits and refunds are presumed abandoned or unclaimed after one year. Unclaimed property dormancy periods may be found on pages 17-18 of the Unclaimed Property Reporting Booklet
An enforceable written contract exists between the holder and the owner, providing that the holder may impose a charge or stop payment of interest; and the holder regularly imposes such charges or stops payment of interest and does not regularly reverse or otherwise cancel the charges; and a copy of the contract authorizing service charges is included or attached as part of the report. Service fees are only allowed until the property is abandoned in accordance with A.C.A. 18-28-202.
For the owners that you are unable to locate, collect any additional information such as last known mailing addresses, Social Security numbers, birth dates, relationship codes, transaction dates, property types, and legal description (for oil & gas). For your convenience, reporting codes are provided in the Reporting Booklet on pages 17-22.
For property where the owner is unknown, enter “unknown” in the last name field. List any descriptive or identifying information in the property description field.
Businesses and government agencies are required to report and remit unclaimed property by November 1st. Reports and remittances must be received in our office by the last business day in October. Life insurance companies are required to report and remit unclaimed property by May 1st. These properties must be received in our office by the last business day in April.
In accordance with A.C.A. § 18-28-207(f), before the date for filing the report, the holder of property presumed abandoned may request our office to extend the time for filing the report. Our office may grant the extension for good cause. A written request must be received in our office one day prior to the reporting deadline. The request may be emailed to [email protected].
In most cases, we are able to make arrangements for past-due property through the Voluntary Compliance Program. The program is designed for businesses to file without the threat of penalties and interest. Arkansas Voluntary Filing Options
The National Association of Unclaimed Property Administrators (NAUPA) has approved a standard set of codes in a uniform format for the purpose of making electronic reporting more uniform for all holders. The most current version of the NAUPA Standard Electronic File Format, as well as information regarding free reporting software, may be found at www.unclaimed.org.
In accordance with A.C.A. § 18-28-201(9), Arkansas requires that mineral proceeds be reported on a pay-to-current basis. Mineral proceeds are amounts payable for the extraction, production, or sale of minerals, or upon the abandonment of those payments, all payments that become payable thereafter. The holder must provide the well name, county, section, township, and range of the well with the report of unclaimed property.
Go to Reporting Booklet to learn more about the reporting process.

The Office encourages holders to consider submitting a negative report when they have no reportable property to remit. A negative report can provide several benefits, including documenting that the holder reviewed its records and determined that no reportable property exists. It also provides an audit trail of the holder’s compliance efforts. Additionally, submitting a negative report provides the Office with updated contact information when applicable.

To submit a negative report, go to Submit a Report and select Upload a Report. Enter the company information, select Annual Report as the report type, select Yes, this is a negative report, enter $0.00 as the total dollar amount remitted, and click Next. Complete the electronic signature section and click Submit.