Please join CSC® for our December Webinar Series: How is your company managing unclaimed property, the risk of an audit, and the likelihood of decades of potential financial exposure? Recent developments in unclaimed property law and renewed initiatives by state auditors to enforce compliance have created the very real potential of protracted audits resulting in extensive liabilities for businesses that have either unintentionally ignored or misunderstood their reporting responsibilities under current law. Unclaimed Property includes, but is not limited to, unclaimed stock, abandoned bank accounts, credit account receivable balances and uncashed checks (vendor, payroll, dividends, etc.). ALL companies have an unclaimed property liability, and compliance with state law is mandatory. Many states have no statutory provision to allow for a “statute of limitations” on property that has not been properly reported, potentially resulting in audits going back 15-20 years. In addition, state authorized auditors may use estimation techniques to determine liability, thereby increasing your company’s risk exposure. Join us in a discussion on the basics and background on the purpose and requirements of unclaimed property law; the greatest potential areas of risk for a company and the enforcement efforts being utilized by states. See firsthand how unclaimed property noncompliance may also result in violations of federally imposed internal control requirements and financial reporting procedures under Sarbanes-Oxley. Guest Speakers Michael Houghton Partner, Commercial Law Counseling Group Morris, Nichols, Arsht & Tunnell LLP Vice President and Member of the Executive Committee of the National Conference of Commissioners on Uniform State Laws (“NCCUSL”) Member, Delaware State Bar Association, Former Chair of Commercial Law Section Co-Author BNA Unclaimed Property Treatise Walter C. Tuthill Partner, Commercial Law Counseling Group Morris, Nichols, Arsht & Tunnell LLP Member, American Bar Association Member, Delaware State Bar Association Co-Author BNA Unclaimed Property Treatise Moderator: Bettina Tweardy Riveros Corporation Service Company Associate General Counsel Director of Product Development Who Should Attend General Counsel, Corporate Secretaries, Vice Presidents, CEOs, CFOs, Attorneys, Controllers, Tax, Accounting, Risk Management, and Compliance Professionals What You Will Learn About  History of the Law  Property Types  Rules of Jurisdiction  Enforcement Efforts  Fines and Penalties  Unclaimed Property Meets Sarbanes-Oxley  Areas Related to Risk  Amnesty Incentives Cost The webinar is being offered at no cost to you as a courtesy from CSC.

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