Under the Illinois Revised Uniform Unclaimed Property Act (Illinois RUUPA), the threshold for sending due diligence notices to apparent owners of unclaimed property is $50, not $100.

For resources related to our guidance, please see:

• Illinois RUUPA, 765 ILCS 1026/15-501(a) (“Subject to subsections (b) and (c), the holder of property presumed abandoned shall send to the apparent owner notice by first-class United States mail that complies with Section 15-502 in a format acceptable to the administrator not more than one year nor less than 60 days before filing the report under Section 15-401 if: (1) the holder has in its records an address for the apparent owner which the holder's records do not disclose to be invalid and is sufficient to direct the delivery of first-class United States mail to the apparent owner; and (2) the value of the property is $50 or more.”)

• Illinois RUUPA Administrative Rules, 74 Ill. Adm. Code 760.460(c) (“A holder does not need to send notice by first-class U.S. Mail if any of the following are true: (1) the property is valued at less than $50; . . .”)