Settlement of Delaware lawsuit transfers $1.5M in unclaimed property to Kansas
TOPEKA — The state treasurer for Kansas said the bipartisan settlement of multistate litigation against Delaware regarding unclaimed property from a money-transfer company would result in $1.5 million being forwarded to Kansas for distribution to consumers.The dispute had its roots in action by Delaware to distort federal law in a way that led Delaware-incorporated MoneyGram to forward uncashed checks solely to Delaware instead of back to states where those financial instruments were purchased.