Guam

Statutory term: Unclaimed Property (Escheat)

Overview

Dormancy Periods

The dormancy period is how long property must be inactive before it is considered unclaimed and reported to the state.

Property Type Years Notes
Savings accounts 10 Longest dormancy period in Guam's schedule
Checking accounts 2
Certificates of deposit 3
Non-bank money orders 3
Official bank checks/money orders 3
Safe deposit boxes 3
Traveler's checks 3
Life insurance (matured) 3
Casualty insurance 3
Utility deposits/refunds 3
Dividends 3
Securities 3
Bonds/debt instruments 3
Wages/payroll 1 Shortest dormancy period
Dissolution/liquidation 3
Fiduciaries 3
IRA/Keogh 3
Gift certificates 5 Under 5 GCA 32803
Credit memos 5
Vendor-vendor payments 3
All other property 3 Default dormancy period

Guam has detailed dormancy schedules under 11 GCA 106 and 127. Most property types use a 3-year dormancy. Notable exceptions: savings accounts (10 years), checking (2 years), wages (1 year), and gift certificates/credit memos (5 years). Amounts below $1.00 are excluded from reporting. Holder Notice Report due November 1; Holder Remit Report due January 31. Life insurance reports due in May; all others in December. NAUPA 3 format accepted for electronic filing.

Finder / Helper Restrictions

Restriction Level: None

Fee Cap: None specified — Guam's unclaimed property statutes (11 GCA 106, 127) do not contain specific finder fee cap provisions.

Waiting Period: None specified — No statutory waiting period for finder agreements.

Solicitation Rules: No specific finder solicitation rules in territorial law.