Wyoming Escheat & Unclaimed Property Laws

Wyoming, like many states, has a fall deadline for annual reporting and remittance with reports due prior to November 1 of each year.

Requests for early reporting must be submitted in writing and may be permitted with the consent of the unclaimed property director. Due diligence must have already been performed and justification must be provided for reporting and remitting prior to the abandonment date. Negative reports are not required and will not be accepted.

Electronic reporting is required when reporting 10 or more properties

All holders have an obligation to report abandoned or unclaimed property to the state in order to maintain compliance with Wyoming’s unclaimed property laws and regulations.

Wyoming Due Diligence Requirements

Wyoming requires holders to send due diligence notifications for any property with a value of $50 or more within 120 days of the filing due date.

This notice should inform the owner of the nature of the property and how to recover it, and also inform the owner that the property will be turned over to the state unless the owner claims it from the holder before the escheat report is filed.

Wyoming Dormancy Periods

Dormancy periods in Wyoming vary by property type. Generally, most property types have a five-year dormancy period. Accounts are considered dormant if the owner of a property has not indicated any interest in the property or if no contact has been made for the allotted dormancy period for that property. Dormancy periods in Wyoming for common property types include:

• Wages, Payroll or Salary: One year
• Safety Deposit Box Contents: Five years
• Money Orders: Seven years

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