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A surety bond is typically obtained by paying a premium to the surety company equal to 2% of the current value of the shares being replaced.

How can I avoid having an account which is considered dormant? As a result, your stock may be at risk of being reported to your state as unclaimed property.

A notary stamp is not acceptable when transferring the ownership of stock.

Go Back Unclaimed Property Dormant Accounts and Unclaimed Property Laws Why is my account considered dormant? As a shareholder, continue to make periodic contact with Broadridge to keep your date of last contact current.

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These instructions should provide the name, address and Social Security Number for each transferee and should indicate the number of shares to be transferred.

 Such reporting causes outstanding certificates in your possession to be cancelled and re-issued in the name of the State.

Under unclaimed or abandoned property statutes, states may consider investor accounts dormant where there is an absence of documented, owner-generated contact or when multiple attempts to contact the investor have resulted in returned mail.

Reminder Your Combined Year-End Dividend Statement Your year-end information is combined in one document for easier tax reporting.

Should one of the parties die, ownership of the shares passes to the surviving tenant s.