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Home / Practice Areas / Business and Civil Practice / States lose bid to control $1.6 billion in unredeemed U.S. savings bonds

States lose bid to control $1.6 billion in unredeemed U.S. savings bonds

Several cash-strapped states will not get their hands on $1.6 billion worth of federal government savings bonds, some dating as far as back as 1941, that have not been claimed by their owners.