Idaho

Overview of Idaho’s Unclaimed Property Law

Idaho’s unclaimed property program is overseen by the Idaho State Treasurer’s Office under the Idaho Unclaimed Property Act. The law requires holders—such as businesses, nonprofits, and government agencies—to report and remit property that has gone unclaimed by its rightful owner after a defined period of inactivity.

Common property types subject to Idaho’s escheatment process include:

• Uncashed payroll, refund, or vendor checks
• Bank accounts with no activity
• Insurance payouts
• Utility deposits and customer overpayments
• Stocks, dividends, and mutual funds
• Safe deposit box contents

Once the property meets its dormancy threshold, businesses must perform due diligence to locate the owner before reporting to the state.

Idaho Dormancy Periods

Dormancy timelines vary depending on the property type. Below is a summary of typical dormancy periods for commonly held property in Idaho:

For a national comparison, see our full guide on escheatment laws by state.

Due Diligence Requirements in Idaho

Idaho requires holders to initiate contact with the rightful owner before turning over property worth $50 or more. This helps reunite customers with their funds and reduces the volume of reportable assets.

Minimum requirements include:

• Sending notice via first-class mail no more than 180 days and no less than 60 days before submitting the final report
• Including clear language to prompt the owner to take action
• Outreach via email or phone is encouraged for customers that have opted-in
  

Eisen’s escheat mail management service helps automate and track required outreach with a full audit trail.

Idaho Reporting Deadlines and Requirements

Idaho uses a standard annual reporting cycle:

• Report Period: July 1 – June 30
• Report Deadline: November 1

Additional requirements include:

• Electronic submission in NAUPA format through the Idaho Unclaimed Property Reporting Portal
• Negative (zero) reports are required if not holding any unclaimed property

Remittances must be sent via ACH, wire transfer (if over $100,000), or check (if under $100,000)

Idaho’s Voluntary Disclosure Program

Businesses not currently in compliance may apply to Idaho’s Voluntary Disclosure Program (VDP) program. While there is not a formal program, Idaho will review requests on a case-by-case basis. This allows holders to proactively resolve past-due obligations without penalties or interest.

The process includes:

• A written application
• A self-review covering up to 10 reporting years
• Agreement to report and remit eligible property in a timely manner going forward

It’s an effective way to realign your organization’s escheatment compliance efforts and reduce audit exposure.

How Eisen Helps You Stay Compliant in Idaho

Eisen provides end-to-end automation and expert support for Idaho escheatment—from dormancy tracking to secure fund disbursement.

• Escheatment Manager – Monitors inactivity by property code and prepares Idaho-ready reports in NAUPA format
• Outreach Manager – Delivers compliant, trackable owner notifications to meet Idaho’s due diligence standards
• Disbursement Manager – Sends refunds securely via check, ACH, or wire, helping you reduce escheatable liability

We also help businesses with complex needs such as escheatment for investment accounts, healthcare providers, and utility companies.

Turn Idaho Compliance Into a Strength

Idaho’s unclaimed property law emphasizes transparency and consumer protection—but compliance doesn’t have to be burdensome. With Eisen, your team gains tools and workflows that transform escheatment into a smooth, strategic part of your financial operations.

From managing dormant accounts to automating due diligence and final reporting, Eisen makes it easy to stay ahead—compliantly, efficiently, and audit-ready.