US Savings Bond Case


To the below list of owners of unclaimed United States savings bonds previously turned over to the Florida Department of Financial Services pursuant to Florida law, that either remain in its possession or were sent back to the U.S. Treasury; and, to the class of all unknown owners of certain United States savings bonds that have reached their final maturity date but have not been redeemed, that have been lost, stolen, destroyed, or relinquished by the owner, that have owners with last know addresses in the State of Florida according to the records of the U.S. Treasury Department, and that were issued during the following timeframes:

a. 40-year Series E bonds issued between 1941 and November 30, 1965;
b. 30-year Series E bonds issued between December 1965 and December 19, 1979;
c. Series A, B, C, D, F, G, J and K bonds (all of which were issued prior to 1958);
d. Series H bonds issued between June 1, 1952 and December 19, 1979;
e. Series EE bonds issued between January 1, 1980 and December 19, 1980;
f. Series HH bonds issued between January, 1, 1980 and December 19, 1990;

and to all other concerned persons having or claiming to have any right, title, or interest in the property herein described, You are notified that such property has been presumed to be abandoned. You are further notified that a Complaint pursuant to the Florida Disposition of Unclaimed Property Act, § 717.001, et seq., Florida Statutes, and identifying you as an owner has been filed by the State of Florida in the Circuit Court of the Second Judicial Circuit, Leon County, Florida, seeking a declaration that title to the above-described U.S. savings bonds has passed to the State of Florida by way of escheat pursuant to § 717.1382, Florida Statutes.

There are hundreds of millions of dollars in matured U.S. Savings Bonds that were issued to Florida citizens decades ago, most of which have become abandoned, lost, stolen, destroyed or relinquished. The U.S. Treasury continues to hold the proceeds of these bonds (and with respect to the bonds the Department of Financial Services sent back to the U.S. Treasury, Treasury holds the physical bonds themselves) while making little to no effort to seek out the owners and return the proceeds. To address this inequity, the Florida legislature passed legislation to allow the State of Florida to take title to unclaimed and abandoned U.S.

Savings Bonds by a process known as title-based escheatment. The new law also provides a process for persons to file a claim for the proceeds from these bonds after redemption by the state occurs. For further information about this lawsuit, visit The Department of Financial Services is taking steps to recover the proceeds from these abandoned, lost, stolen, destroyed, relinquished, and unclaimed mature U.S. Savings Bonds. If, however, your name appears on the list below, or you have a mature and unredeemed U.S. Savings Bond described in this notice, call (850) 769-7714 for additional information on redeeming the bond or if you desire to keep legal title to the bond. Visit to file a claim for unclaimed property.

You are hereby required to answer or file written defenses to the Complaint or other pleading in the Circuit Court of the Second Judicial Circuit, Leon County, 301 S. Monroe Street, Tallahassee, Florida 32302, no later than July 11, 2016, with a copy served on Plaintiff’s counsel, Bo Rivard, at 101 Harrison Avenue, Panama City, Florida 32401, by that same date. If you fail to answer or otherwise defend, the pleadings will be taken as true, and judgment will be rendered the nature of which will be stated and may include a declaration that title to the above-described U.S. Savings Bonds has passed to the state of Florida by way of escheat. You are further notified that on July 19, 2016, at 9 o’clock a.m., a hearing will be held, at which time the Court will determine whether the above-referenced savings bonds have escheated to the State of Florida.

Link to official notice

Ex K Notice of Suit by Publication-with names (002) (002)


Link to Florida Treasure Hunt Site

Search for unclaimed property by clicking here.