Unclaimed Capital Credits Available

Posted on Apr 30, 2014 at 12:00 AM


 Do you have unclaimed capital credit funds waiting on you? If you were a Tri-County EMC member during 1984 - 1986, you may have unclaimed funds available. You can search online or visit a Tri-County EMC office to view a printed list.

Capital credits or excess margins are invested in distribution facilities and general plant operations instead of borrowing additional capital. Active members receive a capital credit refund as a bill credit. Capital credit refund checks are mailed to former members. Often, valid addresses cannot be found for past members. In instances where refunds are returned by the U. S. Post Office as "undeliverable" or have otherwise been unclaimed, these funds are held by the cooperative for five years. At the end of five years, the funds are then placed in a not-for-profit 501(c) 3 fund where they can be used for community education or economic development as permitted by the O.C.G.A. § 44-12-236 of The Disposition of Unclaimed Property Act.

If you have questions further questions about capital credits, please contact (478) 986-8105 or
1-866-254-8100, Ext. 8105.


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