BATON ROUGE, La. (AP) — (7/30/19) Louisiana’s treasury department will try to locate veterans and their families to return lost military medals.
The agency already was the custodian of other unclaimed property, such as dollars from old savings accounts, payroll checks, stocks, insurance proceeds, oil royalty payments and utility deposits.
The treasurer’s office tries to locate people and return the money.
Under a new law that took effect this month, military medals will be added to the list.
Medals and documents held in safe deposit boxes or other depositories — and unclaimed for more than five years after the lease period expires — will be turned over to the treasury’s unclaimed property division.
The legislation, sponsored by Abbeville Sen. Bob Hensgens, passed unanimously earlier this year. Treasurer John Schroder applauded its enactment.