Are you done? Ready to follow the State Regulations?

This interactive class will provide attendees with a “demo” practice session, as you walk through the process in a “live” environment. Bring your questions.

July 1st through October 31st is the time the State Controller’s Office requires all Escrow companies to escheat “old” uncashed checks and closed files with balances remaining.

This workshop, conducted by Chris Pruitt, Recon Works, an expert in escheating requirements, we will provide attendees with information for properly escheating funds to the State, and learn the legal ways to avoid escheating funds going forward.

Using the “web”, we will show you step by step the process you need to follow and in doing so, ensure you leave the classroom with a much higher level of knowledge and feeling of self-confidence.

In this class, we will cover:

• Accessing/working with the state’s website.
• Escheating time lines you must know and follow
• The State Controller Office for escheating rules & regulations
• How to complete the required forms and data input
• How to read and understand printed reports you will receive
• How to install systems and procedures that can eliminate or reduce the need to escheat in the future
• Red Flags & how to beat internal/external fraud
• Penalties for ignoring or failure to escheat funds
• And more!