Indiana

Overview of Indiana’s Unclaimed Property Law

Indiana’s unclaimed property program is governed by Indiana Code Title 32, Article 34. Holders—including corporations, financial institutions, and insurance companies—are required to report and remit unclaimed property that has remained inactive beyond its dormancy period.

Common reportable property includes:

• Uncashed payroll, rebate, and vendor checks
• Checking and savings accounts
• Life insurance benefits
• Dividends and stocks
• Gift certificates and balances (in select cases)
• Safe deposit box contents

Once property meets dormancy thresholds, holders must perform due diligence outreach before submitting the final report to the Indiana Unclaimed Property Division, operated by the Attorney General’s office.

Indiana Dormancy Periods

Dormancy periods in Indiana vary by asset type. Below are common timelines:

Indiana uses NAUPA property codes to classify unclaimed assets. Always refer to the Indiana Unclaimed Property Division for current classifications.

Due Diligence Requirements in Indiana

Indiana requires holders to make a good-faith effort to reconnect with the property owner before reporting.

Minimum requirements:

• Send a first-class notice to the owner’s last known address 60 - 180 days before the report date for property valued at $50+
• Include details on the asset and how to claim it
• Optional outreach via email or phone is encouraged to improve contact rates
  
  

Eisen’s Escheat Mail Management feature ensures efficient, compliant outreach with full audit tracking.

Indiana Reporting Deadlines and Requirements

Indiana’s reporting requirements vary depending on the type of holder.

Life Insurance Companies:

• Report Period: January 1 - December 31
• Report and Payment Deadline: May 1

All Other Businesses:

• Report Period: July 1 - June 30
• Report and Payment Deadline: November 1

Additional requirements:

• Submit reports electronically in NAUPA II format via Indiana’s online system
• Remit payment via ACH, wire transfer, or check
• Negative reports are strongly recommended, but not required

More details available on Indiana’s official reporting resources page.

Indiana’s Voluntary Disclosure Program

Indiana does not offer a Voluntary Disclosure Agreement (VDA). However, Indiana provides report extensions with prior approval. These extensions must be requested in writing at least thirty (30) days before the reporting deadline. For more details, refer to the Indiana Frequently Asked Questions (FAQ).

Learn more about maintaining compliance with our unclaimed property guide.

How Eisen Helps You Stay Compliant in Indiana

Eisen’s escheatment automation platform transforms compliance from a reactive burden into a proactive process:

• Escheatment Manager – Monitors dormancy, flags reportable items, and generates Indiana-compliant reports
• Outreach Manager – Automates and tracks due diligence notices
• Disbursement Manager – Enables secure, scalable payments via ACH, check, or wire

We also support escheatment for investment accounts, healthcare refunds, and utility companies.

Turn Indiana Compliance Into a Strategic Advantage

From preventing penalties to protecting your reputation, Indiana escheatment compliance offers more than regulatory peace of mind—it’s a chance to lead with integrity. Eisen equips your business with the tools to meet regulatory obligations, increase efficiency, and strengthen customer relationships.

Looking to compare other jurisdictions? See our detailed guides like Texas escheatment, Delaware escheatment, or review escheatment laws by state for a national overview.