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Savings-Bonds-Alert: States prepare lawsuit over unredeemed Savings Bonds

Wednesday, September 22, 2004

States prepare lawsuit over unredeemed Savings Bonds

As we first mentioned here on August 5th, State Treasurers have figured out that their unclaimed property divisions should be trying to find the owners of Savings Bonds that have stopped earning interest and that are still unredeemed. According to an article in yesterday's Charlotte Observer, the State Treasurer of North Carolina has entered the suit, which is being organized by the State Treasurer in New Jersey.

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