Purpose
To hold until paid, or escheated to the Board of Insurance Commissioners, unclaimed dividends remaining in a receiver's hands after payment of the final dividend of an insurer in liquidation.
Classification | Group 08: Trust Funds [?] |
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Depository Interest | Retained in appropriated fund. |
Disposition of Balance | Accumulative |
Appropriation Technique | Not appropriated for state expenditure |
Administering Agencies
Note
USAS Values
USAS Title | INS COMP UNCLAIMED DIV TR ACCT |
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Consolidated Fund | |
State Fund Group | 08 - TRUST FUNDS |
USAS Status | A |
Those funds created to account for assets held by the state in a trustee capacity for individuals, private organizations or other governmental entities