While most Unclaimed Property is money or intangible property, there is a special exception when it comes to military medals, insignia, decorations, and awards recovered from abandoned safe deposit boxes.
These important items are protected for Tennessee veterans through the Unclaimed Property Medal Protection Program, due to legislation passed by the Tennessee General Assembly in May 2011, by asking banks and other organizations with abandoned safe deposit boxes to turn over any military medals, decorations, and awards presented to a member of the Armed Forces or National Guard.
Unclaimed Property works to locate the owner or rightful claimant of the safe deposit box to reunite them with the military items for their family’s safekeeping.