Unified Business Identifier: What You Need to Know

What is a unified business identifier?
The Unified Business Identifier (UBI) is standard nine digit sequential number used by all state agencies to uniquely identify a business entity. The UBI is intended to identify public and private business entities and employers.
Read more on ofm.wa.gov

An organization functioning within a state is given a Unified Business Identifier (UBI), which is a special identification number. To make it easier to identify and track firms for tax and regulatory purposes, the UBI system was developed. The management of business registrations, taxes, licenses, and other regulatory needs is handled by state agencies using this identity.

Who is the state treasurer of West Virginia in 2021 in regard to this?

Riley Moore currently serves as West Virginia’s state treasurer. In November 2020, he won the job, and he began serving in that capacity in January 2021. Moore is in charge of overseeing the state’s finances, including investments, debt, and unclaimed property, in her capacity as state treasurer.

Another query is whether WV unclaimed property is legitimate.

Yes, the West Virginia State Treasurer’s Office is in charge of overseeing the state’s unclaimed property. Any financial item that has been unclaimed by its owner for a predetermined amount of time is considered unclaimed property. Bank accounts, equities, bonds, insurance plans, and other financial assets are examples of this. The state treasurer’s office keeps track of unclaimed property and makes an effort to reconnect owners with their misplaced money.

So where can I find unclaimed property in West Virginia?

You can conduct a free search on the state treasurer’s website if you think you may be the owner of unclaimed property in West Virginia. You can use your name or your company name to search for unclaimed property on the website. You can make a claim with the state treasurer’s office to have lost property returned to you if you discover it.

What does the treasurer in West Virginia do?

West Virginia’s treasurer is in charge of overseeing the state’s finances. To do this, the state must manage its investments, issue debt, and collect and manage its revenues. The state’s unclaimed property program is managed by the treasurer, who also tries to reunite owners with their stolen money. The treasurer also sits on a number of state boards and commissions, such as the West Virginia Investment Management Board, the West Virginia State Board of Depositories, and the state Board of Public Works.

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