I received the most recent issue of the Keanotes Newsletter this week. It contains a very thorough and informative article about financial institutions including due diligence recommendations and special rules that may exclude accounts from escheatment.

There is also a great article on Life Insurance companies and the rising trend of states requiring proactive searches for lost policy holders.

If your company issues gift cards, you won't want to miss the piece about the 2010 New Jersey Act.

Many of you are now processing your remit reports for California. They are due before June 15th for all but Life Insurance Companies.

California has a mobile version of their website which you can view from your smartphone. The link is http://sco.ca.gov/mobile/default.aspx?mbl=touch.

California has also published reporting cycle documents for 1 year property, 3 year property, and one specific to financial institutions.

NAUPA held their 2012 Holder Workshop and Forum last Thursday and Friday as a part of the 2012 NAST (National Association of State Treasurers) Treasury Management Training Symposium in Albuquerque, New Mexico. I had the pleasure of attending to represent my company and to demonstrate the UPExchange system.

Many state unclaimed property administrators were in attendance. This gave the holders a rare opportunity to ask their reporting questions directly. The state administrators, unclaimed property service providers, and even auditors were among those who gave presentations to educate the holders. I attended these sessions and learned a lot. I find that no matter how many years of unclaimed property experience I have under my belt, there is always something new to learn.

The big evening event was a ride on the tramway to see Sandia Peak. The tram ride was the experience of a lifetime. It spans 3 1/2 miles and ascends about 4000 feet to the peak. We ate dinner at a restaurant on the peak. The food was only mediocre but the view of the city lights completely made up for it. If you are ever in Albuquerque, Sandi Peak is a definite must see.