* By reporting with incorrect dormancy periods or cut off dates.
* Have a lapse(s) in the reporting periods/history.
* By applying the wrong aggregate amount.
* Simply reporting all property to only one State / State of Incorporation.
* By misunderstanding the rules of customer generated contact / indication of Owner interest.
* By not performing all State required Due Diligence / Search Letter specifics within the applicable time periods.
* By not reporting property below a certain dollar amount.
* By failing to report all eligible property / under reporting.
* Submitting the report in the incorrect format.
For further information and assistance on how to stay compliant with the State specifics, please reach out to a professional at PEACC.com by calling us at 410.303.5510 or through email info@peacc.com
