Uncashed checks for Puerto Rican payees

October 27, 2021


Q. I have two uncashed checks for payees in Puerto Rico. What are the requirements? A. (Answered by our third-party unclaimed property advisor, Jim Sadik at True Partners Consulting) Puerto Rico has unclaimed property reporting requirements that are similar to those of the States, with some unique features. As it pertains to the actual reporting process, a holder is required to file a report by August 10, for property that has met the dormancy requirements (most corporate payables type property…

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