What is the Aggregate Limit for Nebraska?
$25 is the aggregate limit in Nebraska, all properties below $25.00 may be reported together as one aggregate amount as 2009 [business name] aggregate.

When is the Reporting Deadline?
In Nebraska the deadline for life insurance companies is May 1st and the deadline for all other of businesses is November 1st.

What is the Dormancy Period for Unclaimed Property in Nebraska?
The dormancy period is 5 years for most types of properties, with the following exceptions:

• Payroll 1 year
  
• Dissolutions 2 years
  
• Demutualization Proceeds 2 years
  
• Gift Certificates 3 years
  
• Utility Deposits 3 years
  
• Mineral Proceeds 3 years
  
• Court Deposits 3 years
  
• Funds Held by Courts or Public Entities 3 years
  
• Money Orders 7 years
  
• Travelers Checks 15 years

Are electronic reports required?
Non-Nebraskan companies with more than 5 properties to report must report electronically using our free reporting software.

What name should securities be registered under?
Any securities that are reported to Nebraska should be registered under the name "Nebraska State Treasurer's office".

Can a company report Unclaimed Property before it is presumed abandoned?
Yes, Unclaimed Property may be reported to the State Treasurer's Office prior to the end of the dormancy period if due diligence is conducted to find the original owner.

What are your due diligence requirements?
Due diligence is required on all items above the aggregate limit of $25.00. A notification letter should be sent no less than 60 days and no more than 120 days prior to the intended reporting deadline. Contact the Director of Unclaimed Property if you have any specific questions related to reporting Unclaimed Property.

Is there a minimun reporting threshold?
If the total value of properties in your report is under $10, you are not required to report, but should carry the properties over until the first year your have over $10 to report