9. Which company officials have the authority to remove checks from the abandoned property list?
__________________________________________________________________________________
__________________________________________________________________________________
__________________________________________________________________________________
10. Are official checks reported as unclaimed property?
Yes
No
PAYROLL AND COMMISSION CHECKS
1. When is an unpresented payroll or commission check considered to be stale dated?
__________________________________________________________________________________
__________________________________________________________________________________
__________________________________________________________________________________
2. Is an effort made to contact owners of stale date, unpresented checks and issue replacements?
Yes
No
3. How are stale dated checks, which remain unpresented, cleared?
__________________________________________________________________________________
__________________________________________________________________________________
__________________________________________________________________________________
4. If they are written off, to what account(s)?
__________________________________________________________________________________
__________________________________________________________________________________
__________________________________________________________________________________
5. Where payroll or commission checks are replaced or written off, what records are
maintained to track the check disposition in a future period?
__________________________________________________________________________________
__________________________________________________________________________________
__________________________________________________________________________________
6. What procedures does the company use to identify and track unpresented payroll or
commission checks which are approaching the one-year statutory abandonment period?
__________________________________________________________________________________
__________________________________________________________________________________
__________________________________________________________________________________
7. What causes these checks to be removed from the list of checks eligible to be reported as
abandoned?
__________________________________________________________________________________
__________________________________________________________________________________
(3)
TR-0412
RDA 2128