Bookmark and Share

The Secretary of State has been authorized by the recent passage of Senate Bill 258 to resolve claims for abandoned property, provided that holders of such property voluntarily disclose information related to the property within the required timeframes.

The new three-year voluntary disclosure agreement (“VDA”) program for holders of unclaimed property is independent of the current VDA program supervised by the State Escheator in the Department of Finance.

A holder participating in the new VDA program with the Secretary of State will be able to fully resolve all claims for any past due unclaimed property by voluntarily disclosing and remitting property related to transaction years 1996 or 1993 to the present, depending on when the holder enters the program and completes its submission.

The Secretary of State will not conduct audits or investigations of holders, outside of resolving claims brought pursuant to the new VDA program. In addition, eligible holders, who have submitted written notice of their intent to participate in the new VDA program by June 30, 2014, will have no exposure to audit by the State Escheator until after July 1, 2015.

For detailed information on the program, please visit DelawareVDA.com.





Download PDF

Notice of Intent (Form VDA-1)

Download PDF

Voluntary Self Disclosure Agreement (Form VDA-2)



Through the RFP process, the Secretary of State has selected the firm of Drinker Biddle & Reath LLP to administer the Voluntary Disclosure Program.

Email:
VDAAdministratorSOS@delawarevda.com

Phone:
855-232-3898 (within U.S.)
302-467-4298 (toll outside of U.S.)

Regular Mail:
Secretary of State, State of Delaware
Delaware Voluntary Disclosure Program
c/o Peg Broadwater
PO Box 26166
Wilmington, DE 19899-6166

Express Mail:
Secretary of State, State of Delaware
Delaware Voluntary Disclosure Program
c/o Peg Broadwater
222 Delaware Avenue
Ste. 1410
Wilmington, DE 19801