Nevada

The Nevada Treasurer’s Office administers the state’s unclaimed property program under Nevada Revised Statutes (NRS) Chapter 120A. Holders (including banks, insurers, and corporations) must identify dormant accounts or assets, perform due diligence, and report them accurately and on time.

Overview of Nevada’s Unclaimed Property Law

Nevada requires “holders” of property to report and remit abandoned assets after specified dormancy periods. Common property types include:

• Checking and savings accounts
• Safe deposit box contents
• Uncashed payroll and vendor checks
• Life insurance proceeds and annuities
• Dividends, stocks, and mutual funds

Once property reaches its dormancy threshold, holders must attempt to contact the rightful owner before reporting and remitting it to the Treasurer’s Office.

Nevada Dormancy Periods

Dormancy periods vary by property type. Below are commonly reported categories:

Note: Always consult NRS 120A and Treasurer’s guidance for exemptions and special cases.

Due Diligence Requirements in Nevada

Before reporting, holders must make reasonable efforts to contact the owner:

• Written notice: Sent by first-class mail to the last known address no more than 120 days and no fewer than 60 days before the report deadline.
• Threshold: Required for property valued at $50 or more. Certain property types like Securities, Retirement Accounts, and Virtual Currency have additional rules.‍
• Best practice: Supplemental outreach (email or phone) is encouraged to improve owner contact rates and strengthen audit documentation.

Nevada Reporting Deadlines and Requirements

Nevada reporting requirements vary depending on the type of holder.

• 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:

• Format: Reports must be filed electronically via the Nevada Holder Reporting Portal in NAUPA II format.
• Remittance: Payment accepted via ACH Debit only.
• Negative Reports: Required, even if no property is reportable.‍
• Securities: Must be pre-approved and delivered per Treasurer instructions.

For official instructions, visit the Nevada State Treasurer’s Unclaimed Property Program.

Nevada’s Voluntary Disclosure Agreement (VDA) Program

Businesses with past-due unclaimed property can participate in Nevada’s VDA program to come into compliance without penalties.

Eligibility: Holders may qualify if they:

• Have never reported to the Division.
• Received penalties/interest on their first submission and want to pursue a waiver.
• Have special circumstances approved by the Division.

Requirements:

• Review records as if preparing for annual reporting.
• Report and remit all past-due property.
• May need to allow the Division to review policies and procedures for future compliance readiness.

Holders should initiate a VDA before the state identifies noncompliance through audit.

How Eisen Helps You Stay Compliant in Nevada

Eisen simplifies Nevada escheatment with tools built for precision and scale:

• Escheatment Manager – Tracks dormancy, calculates deadlines, and generates Nevada-compliant reports.
• Outreach Manager – Automates due diligence notices with full audit documentation.
• Disbursement Manager – Executes secure transfers with end-to-end tracking.

From outstanding checks to dormant accounts, Eisen makes escheatment compliance seamless and audit-ready.

Turning Nevada Compliance Into Advantage

Nevada emphasizes proactive reporting and owner reunification. With Eisen, compliance becomes more than risk management—it becomes a strategic advantage. We help you:

• Stay ahead of state reporting requirements
• Reduce financial and regulatory exposure
• Strengthen customer trust through proactive outreach
  

With Eisen, escheatment becomes a strategic advantage—in Nevada and across all jurisdictions. See our full guide on escheatment laws by state.