The State Controller may enter into an agreement to provide information needed to enable another state to determine unclaimed property it may be entitled to escheat if such other state or an official thereof agrees to provide this state with information needed to enable this state to determine unclaimed property it may be entitled to escheat. The State Controller may, by regulation, require the reporting of information needed to enable him to comply with agreements made pursuant to this section and may, by regulation, prescribe the form, including verification, of the information to be reported and the times for filing the reports.
§ 1573.Agreement to Provide Information to Another State
Title 10. Unclaimed Property · Chapter 7. Unclaimed Property Law · Article 6. Compliance and Enforcement · Enacted 1968 · no amendments on record · Last verified July 29, 2026
In one sentenceSection 1573 lets the State Controller trade unclaimed-property information with other states on a reciprocal basis, and authorizes regulations requiring holders to report whatever information the Controller needs to carry out those interstate agreements.
Full Text of § 1573
Plain-English Summary
Unclaimed property doesn't respect state lines, and this section lets California cooperate with other states to track it down. The Controller can agree to share the information California has that would help another state figure out what unclaimed property it might be entitled to escheat, but only if that state returns the favor and agrees to share comparable information back.
To make those reciprocal agreements workable, the Controller can adopt regulations requiring holders to report whatever information the agreements call for, and can prescribe the form of those reports, including any required verification, along with the deadlines for filing them.
Frequently Asked Questions
What does this section let the Controller do with other states?
Enter agreements to exchange information needed for each state to determine unclaimed property it may be entitled to escheat.
Is the information exchange one-directional?
No. It only applies if the other state, or an official of it, agrees to provide comparable information back to California.
Can the Controller require holders to report information needed for these agreements?
Yes, by regulation, and the Controller can also prescribe the form and filing deadlines for that reporting.
Amendment History
Added by Stats. 1968, Ch. 356.
Source & verification. Section text is reproduced verbatim from
the Deering's California Codes Annotated / vLex. Enacted by the California Legislature.
Last verified July 29, 2026.
· Official source
Also known as: interstate unclaimed property information sharingreciprocal escheat agreement other states