TO ALL HOLDERS OF
UNCLAIMED PROPERTY
Puerto
Rico’s Act 36 of 1989, as amended, the Abandoned
or Unclaimed Money and Other Liquid Assets Act,
requires financial institutions (excluding commercial banks doing business
in Puerto Rico whose reporting is subject to similar dispositions under
section 37 (a) of Act 55 of 1933, as amended, the "Banking Act") and most
other holders, to report to the Commonwealth’s Office of the Commissioner
of Financial Institutions (OCFI), any financial property held that is
considered abandoned or unclaimed.
Property
is turned over to the Commissioner’s office annually when the owner's
whereabouts are unknown and the property has been inactive on the books of
the reporting company for five years as of June 30.
By AUGUST 10
holdersregulated, supervised and/or licensed
by the OCFI that are
subject to the dispositions of Act 36 of 1989, are required to
file an INITIAL REPORT OF
ABANDONED OR UNCLAIMED MONEY OR OTHER
LIQUID ASSETS AS OF JUNE 30
[Form IPNR-II (E)] (
Word Format)
(PDF Format)
and the ADDENDUM [Form IPNR-IIA (E)] (Excel Format)
(PDF Format)
, while institutions subject to the
dispositions of section 37(a) Act 55 of 1933 shall file an INITIAL REPORT OF UNCLAIMED FUNDS AS OF JUNE 30
[Form IPNR-IIB (E)] (
Word Format)
(
PDF Format) and the
ADDENDUM [Form IPNR-IIBA
(E)] (Excel Format)
(PDF Format).
(A list of property type codes and reporting instructions are
included with each Addendum.)
ALL HOLDERS ARE REQUIRED TO FILE A FINAL
REPORT. Holders subject to the dispositions of Act 36 of 1989 are required to
file a FINAL REPORT OF
ABANDONED OR UNCLAIMED MONEY AND OTHER LIQUID ASSETS AS OF
JUNE 30 [Form IPNR-IF (E)] (
Word Format)
(PDF Format
)
and the ADDENDUM [Form IPNR-IFA (E)]
(Excel Format)
(PDF Format)
. Those institutions subject to
the dispositions of section 37(a)
Act 55 of 1933 shall file a FINAL
REPORT OF UNCLAIMED
FUNDS AS OF JUNE 30
[Form IPNR-IFB (E)] (
Word Format) (
PDF Format) and the
ADDENDUM [Form IPNR-IFB A
(E)] (Excel Format)
(PDF Format)
. (A list of property
type codes and reporting instructions are included with each Addendum.) Reports and remittance, payable to
the Secretary of the Treasury-Commonwealth of
Puerto
Rico, are DUE DECEMBER 10.
ELECTRONIC REPORTING IS REQUIRED FOR HOLDERS
FILING A FINAL REPORT WITH 25 OR MORE RECORDS. Our software and instructions can be found
on www.wagers.net/hrs. Click on
Holder Reporting System
and
follow the instructions to download software. Include a hard copy along
with your filing. SORRY, WE
CANNOT ACCEPT EXCEL OR PAVICI-VALIDATED
FILES.
Holders who have never reported
should include all property that has met the five year dormancy
period.
If you have any question regarding
reporting instructions, please contact us at: (787) 723-3131 ext. 2330
(voice) (787) 723-4225 (fax) up@ocif.gobierno.pr
(email).
Sincerely,
Alfredo
Padilla
Commissioner