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Summary
Types of unclaimed property
The main types of unclaimed property are as follows:
- property of unclaimed successions
- property found on an unidentified or unclaimed body
- property abandoned by dissolved legal persons (corporations)
- property located in Québec whose owners are unknown or untraceable
- property abandoned on public highways
- unclaimed financial assets, such as:
- deposits of money other than those deposited in banks and federally chartered trust companies
- the value of cheques or bills of exchange certified or accepted by a financial institution as well as the value of drafts issued by such an institution
- amounts payable for the repayment or redemption of debt securities or other types of interest in a legal person, partnership or trust
- funds, securities and other assets received by a securities adviser or broker
- funds, securities and other assets held in trust
- funds, securities and other assets deposited in a safety deposit box at a financial institution
- funds, securities and other assets held by a financial institution as a creditor, pledge holder or custodian
- amounts payable under a life insurance contract
- amounts payable under a pension or retirement contract or plan
- interest, dividends and other income produced by the assets mentioned above
