Unclaimed Property Task Force Conflict-of-interest Disclosure Form
Purpose and authority. This form is adopted by the Department of State pursuant to Paragraph 4 of Executive Order No.26 (the “Order”), which safeguards the Unclaimed Property Task Force (the “Task Force”) from conflicts of interest. It elicits each Covered Financial Interest and each current or former client relationship, engagement, or representation relating to unclaimed property or escheat.
Who must complete this form. Completion is mandatory for the representative of the Office of the Governor and for every executive branch member or designee (including the Secretary of State and the Secretary of Finance, whether serving personally or by designation). Every other member of the Task Force is requested to complete this form voluntarily. A completed form, and a register of any member who declines to complete it, will be published on the Task Force’s public webpage and the disclosure status of each member will be recorded in the meeting minutes.
Reporting period. Answer each question with respect to the five years immediately preceding your appointment or designation to the Task Force, and disclose any interest acquired thereafter as required by the continuing-duty provision below.
Definition of “Covered Financial Interest”
Under the Order, you have a “Covered Financial Interest” if, at any time during the 5 years immediately preceding your appointment or designation, you – or any entity in which you held an ownership, partnership, or profit interest – did any of the activities described below. A Covered Financial Interest does not include: employment by the State of Delaware or any other state or agency thereof; the filing of a claim under 12 Del. C. § 1165 solely to recover property of which you are the owner; or the routine remittance of unclaimed property by a holder in the ordinary course of compliance.
