June 30th Deadline Fast Approaching; Delaware’s New VDA Program Offers Maximum Benefits To Companies Organized in Delaware

June 14, 2013

by: Bryan Cave Leighton Paisner

The first deadline – June 30, 2013 – under Delaware’s new unclaimed property Voluntary Disclosure Agreement (VDA) program is fast approaching! This initial deadline offers the maximum program benefits to VDA participants: Prior to the new VDA program, holders were required to report and remit any past due unclaimed property starting in 1981. However, holders who enter into the new VDA program by June 30, 2013 qualify for a limited look-back period through 1996. Holders who sign up by June 30, 2014 qualify for a look-back period through 1993.

For those who may not be aware, Delaware’s new VDA program

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