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New York State Unclaimed Funds: Town Information Session - 10/25

Immediate Release                                          Contact: Justin Meyers
October 10, 2007                                                      (516) 869-7794


Manhasset, NY (October 10, 2007) -- Town of North Hempstead Supervisor Jon Kaiman, Councilwoman Maria-Christina Poons and Michael Caplice of NYS Comptroller Tom DiNapoli’s office cordially invite all residents to join them for a public information session pertaining to “unclaimed funds” that New York State is holding for North Hempstead residents. It will be held at the Town Board Room, Town Hall, 220 Plandome Road, Manhasset, on Thursday, October 25, 2007, from 2:00PM-5:00PM. They recently sat down together to discuss and organize this meeting, and at the information session, Mr. Caplice will help residents determine whether or not they are owed monies.

Supervisor Kaiman noted that “the State Comptroller is the custodian of this money until you claim it. For NYS residents’ protection, investment firms, utilities, banks, insurance companies and many other businesses are required by State law to surrender inactive accounts to the State. Comptroller Tom DiNapoli and his office are truly providing a wonderful service for our residents.”

Councilwoman Poons also mentioned that “New York State never takes any ownership of these monies. However, applicants must provide proof that they are entitled to the money.”

Mr. Caplice noted that “once proof of ownership is verified, the monies will be returned to the owner without charge.” He continued, “New York State residents and others may also check for unclaimed funds on-line at www.osc.state.ny.us/ouf/index.htm or by calling our toll-free number at 1-800-221-9311.”

“This is an outstanding and highly successful public service program. Supervisor Kaiman, Mr. Caplice (on behalf of Comptroller DiNapoli) and I are delighted that we can help North Hempstead residents seek these funds and possibly reclaim them. We look forward to welcoming everyone at Town Hall for this very important information session on October 25th,” said Councilwoman Poons.

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