Property code | Name | Description |
|---|
PC01 | Undistributed assets from a liquidated company | Cash from the liquidation of shares. Section 337 of the Business Corporations Act of BC. |
PC01-1 | Undistributed assets from a liquidated cooperative | Cash from the liquidation assets or money. Section 194.35 the Cooperative Association Act. |
PC01-3 | Undistributed assets from a liquidated strata corporation | Cash from the liquidation of shares. Section 337 of the Business Corporations Act. |
PC02-1 | Public Guardian and Trustee estate funds | Undistributed funds from an estate held by the PGT. Section 27.1 of the Public Guardian & Trustee Act |
PC02-1-1 | Public Guardian and Trustee child and youth services funds | Undistributed funds held by the PGT for a minor. Section 27.1 of the Public Guardian & Trustee Act. |
PC02-3-1 | Inactive Supreme Court funds | Supreme court funds deemed inactive. Section 18.2 of the Unclaimed Property Act. |
PC02-3-2 | Inactive Provincial Court funds | Provincial court funds deemed inactive. Section 18.2 of the Unclaimed Property Act. |
PC02-3-5 | Inactive Supreme Court restitution funds | Supreme court restitution funds deemed inactive. Section 18.2 of the Unclaimed Property Act. |
PC02-3-6 | Inactive Provincial Court restitution funds | Provincial court restitution funds deemed inactive. Section 18.2 of the Unclaimed Property Act. |
PC02-3-7 | Inactive Court of Appeal funds | Court of appeal funds deemed inactive. Section 18.2 of the Unclaimed Property Act. |
PC02-4 | Overpayment of debt collections | Section 126 of the Business Practices and Consumer Protection Act. |
PC04 | Unpaid wages, salary or commissions | Income/commission earned from employment or contractual work. Section 19 of the Employment Standards Act. These funds only come from Employment Standard Branch BC. Organizations must send their wages to Employments Standards not BC Unclaimed. |
PC04-2 | Unpaid wages earned from a dispute | Income earned from employment for funds in dispute. Section 99 of the Employment Standards Act. These funds only come from Employment Standard Branch. Organizations must send their funds to Employments Standards not BC Unclaimed. |
PC04-3 | Overpayment to Employment Standards Branch by a company | Excess of funds deposited to Employment Standards Branch by a company to cover unpaid wages. |
PC07 | Surplus from a municipal tax sale | Section 659 of the Local Government Act. |
PC08 | Surplus of sale of seized or unclaimed goods. | Section 232 of Railway Act. |
PC09 | Deposit made with a real estate agency or brokerage | Section 32 of the Real Estate Services Act. |
PC10 | Proceeds of sale of seized property | Proceeds of sale of seized property related to remedial actions by the Minister of Transportation and Transit. Section 20 of Transportation Act |
PC10-1 | Proceeds of seized property (i.e., an abandoned vehicle) | Proceeds of seized property (i.e., an abandoned vehicle). Section 70 of Transportation Act. |
PC11 | Unclaimed money deposit held by a BC Ministry | Section 2(1) of the Unclaimed Property Act. |
PC12-01 | Inactive chequing or savings credit union account | Funds left in a chequing or savings account from a credit union operating in British Columbia. Section 85(5) of the Financial Institutions Act. |
PC12-2 | Inactive chequing or savings account from a dissolved credit union | Funds left in a chequing or savings account from a dissolved credit union that was operating in British Columbia. Section 37 of the Financial Institutions Act. |
PC13 | Deposit (not savings institution) | Money received as a deposit where there is a right to receive a cash refund of the deposit. (not a savings institution or insurance premium). Section 8 of Unclaimed Property Regulation. |
PC14 | Uncashed money order, certified cheques or similar instruments (not bank or trust) | An amount paid in respect of a money order or similar instrument, other than a similar instrument issued by a bank or a company to which the Trust and Loan Companies Act (Canada) applies. Section 8 of Unclaimed Property Regulation. |
PC15 | Undistributed securities | Securities and their entitlements and money deposited to make a distribution. Section 8 of Unclaimed Property Regulation. |
PC16 | Mineral rights proceeds | A royalty entitlement for mineral rights. Section 8 of Unclaimed Property Regulation. |
PC17-1 | Property insurance proceeds | Amount due under the terms of a property insurance policy. Section 8 of Unclaimed Property Regulation. |
PC17-2 | Life insurance proceeds | Amount due under the terms of a life insurance policy. Section 8 of Unclaimed Property Regulation. |
PC17-3 | Other insurance proceeds | Amount due under the terms of an insurance policy that is not property, life or a professional's insurance. Section 8 of Unclaimed Property Regulation. |
PC17-4 | Professional insurance proceeds | Amount due under the terms of a professional's insurance policy. Section 8 of Unclaimed Property Regulation. |
PC18 | Trust fund (benefit, employment, etc.) | A trust fund or custodial fund established under an education plan, health, welfare, vacation, severance, retirement or death benefits, a share purchase, profit sharing, employee savings, or supplement insurance plan. Section 8 of Unclaimed Property Regulation. |
PC18-1 | Balance from a closed pension plan | Funds held under a pension plan that has closed. Section 8 of Unclaimed Property Regulation. |
PC19 | Trust fund (other, not PC18) | Trust funds that are not referred to in PC18 (e.g., testamentary trust). Section 8 of Unclaimed Property Regulation. |
PC22 | Security deposit for rental properties | Security deposit being returned to the owner of the property, not tenant. Sec 38 (5) of the Residential Tenancy Act. |
PC22-2 | Proceeds of sale of personal property from a manufactured home | Disposal of personal property. Section 39 of the Manufactured Home Park Tenancy Regulations. |
PC23-1 | Administered estate funds | Estate funds where the heir/beneficiary cannot be located and the holder has received approval from the courts to submit directly to BC Unclaimed. |