Watch your mail carefully as Delaware has begun issuing another round of VDA invitations to various Delaware incorporated companies. The letters encourage holder compliance with Delaware’s Unclaimed Property Laws by offering holders an opportunity to enroll in their SOS VDA Program. Recipients of the letters were chosen based on a history of non-compliance, making it imperative for those who have received an invitation to submit a response within the 60-day time period. A nonresponse immediately puts your entity at risk for an audit by the Delaware Department of Finance.
If you have received a VDA letter from Delaware or any other state and need professional guidance contact the experts at UPCR!