The Town of Yountville is currently in possession of Unclaimed Funds belonging to individuals and organizations doing business with or receiving services from the Town. Unclaimed funds consists of checks that remain uncashed for a period of more than 3 years, usually resulting from checks that are returned as undeliverable by the postal service.
Often the payee has moved and does not leave a forwarding address or the forwarding order has expired. In addition, checks may remain uncashed for any number of other reasons including being lost or destroyed.
What Happens to Unclaimed Funds
The Town of Yountville follows Government Code Section 50050, et.seq., which provides that unclaimed funds which remain in the treasury or in the custody of the officers of a local agency for 3 years, become the property of the agency. At the end of the 3 year period, those items must be published as notification that the money will become property of the agency after a designated date if it is left unclaimed. The money will be come property of the Town and can no longer be claimed after forty-five days after the date of the first publication.
Unclaimed Funds Listing
If after reviewing the Unclaimed Funds Listing in the newspaper publication, you have determined that the Town may have funds belonging to yourself or business, print the Request for Unclaimed Funds Form (PDF) and follow the Filing Instructions
The Town of Yountville has a duty to release funds only to the rightful payee. In this regards, we ask the payees to provide documentation to validate their claims to ensure that no one but the rightful payee can receive Unclaimed Funds.