Are you Due any Lost Funds?

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Ohio has returned more than $3.4 million in unclaimed funds to Elyria in what it says is the largest such payment in state history.

Questions:
1. Where did the funds originate?
2. Are there unclaimed funds in every state? If so, how do you access the list in your state?
3. How do you think the states handle the accounting of these funds?

Source:

CNN Video. (2013). Town gets $3.4 million in lost funds, January 29 (Retrievable online at http://cnn.com/video/data/2.0/video/us/2013/01/29/dnt-oh-town-recovers-lost-funds.wjw.html)

Associated Press. (2013.) Ohio Returns over $3.4 million in Unclaimed Funds to Elyria. January 28 (Retrievable online at http://www.newsnet5.com/dpp/news/local_news/oh_lorain/ohio-returns-over-34m-in-unclaimed-funds-to-elyria)