Unclaimed money finders caps

by lucy
(iowa)

Is there a finder fee cap for Alabama? Do they change after a certain period of time?

From Mark:
Lucy, there is no cap in Alabama. They just say not to charge something "unconscionable", meaning don't go crazy with your fees!
You have to look at it from your clients point of view and think of what they would be comfortable with.
The laws don't change often but it is a good idea to keep up to date with them.
I hope this helps.