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(Continued from page 4)
• "Our database is kept forever," said DeJabet, adding, "we never erase your name… if it has not been paid out, you will always be in there." • It is, she said, what is called "a perpetual liability to the state of South Dakota--we are obligated to pay that at any point in time, and your heirs can come back and claim it." And, she added, many do. • With about 9,000 new properties a year to handle, the two explained, and only three staff members, it is not feasible to do cold calling, searching for people, even though some may appear obvious to the casual observer. DeJabet said they do go through and pull out the public entities that may be listed. • And, Sattgast noted, "we have been advised by the Attorney General not to do a cold call," since it could be a mistaken identity. • If something is sent out to somebody in error, agreed DeJabet, "it becomes very difficult for them to understand" when it is found it does not belong to them after all. • Sattgast said he encourages people to check, since the state is currently holding • $23 million worth of property… just waiting for rightful owners to claim.
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