A Network of the National Association of State Treasurers

Report Unclaimed Property (for Businesses)

Property Type—Securities

Alabama

Dormancy Periods

Securities: 3
Alaska

Dormancy Periods

Securities: 5
Arizona

Dormancy Periods

Securities: 3
Arkansas

Dormancy Periods

Securities: 5
California

Dormancy Periods

Securities: 3
Colorado

Dormancy Periods

Securities: 5
Connecticut

Dormancy Periods

Securities: 3
Delaware

Dormancy Periods

Securities: 38 AN ACT TO AMEND TITLE 12 OF THE DELAWARE CODE RELATING TO ESCHEATS - This Act lowers the period of dormancy to 3 years for investment type properties. As federal securities laws generally require due diligence to be performed twice before the expiration of 3 years of dormancy and if an owner cannot be located within this period and reunited with their property the property shall now be turned over to the State in this shorter period of time as the holder has completed their due diligence requirements.The Act became effective when signed on June 30, 2008 and therefore the first filing period will result in a three year catch up of property with a dormancy period of three, four and five years.
District of Columbia
Florida

Dormancy Periods

Securities: 3* 1. Section 717.1101 Unclaimed equity and debt of business associations. Changes dormancy periods to three (3) years for stock, other equity interests, unmatured or unredeemed debt other than a bearer bond or an original discount bond, matured or redeemed debt and any other sums owed to a shareholder, certificate holder, member, bondholder, or other security holder.
Georgia

Dormancy Periods

Securities: 5
Guam

Dormancy Periods

Securities: 5
Hawaii

Dormancy Periods

Securities: 5
Idaho

Dormancy Periods

Securities: 5
Illinois

Dormancy Periods

Securities: Refer to State law for specific information
Indiana

Dormancy Periods

Securities: 3
Iowa

Dormancy Periods

Securities: 3
Kansas

Dormancy Periods

Securities: 5
Kentucky

Dormancy Periods

Securities: 3
Kenya

Dormancy Periods

Securities:
Louisiana

Dormancy Periods

Securities: 3
Maine

Dormancy Periods

Securities: 3
Maryland

Dormancy Periods

Securities: 3
Massachusetts

Dormancy Periods

Securities: 3
Michigan

Dormancy Periods

Securities: 3
Minnesota

Dormancy Periods

Securities: 3
Mississippi

Dormancy Periods

Securities: 5
Missouri

Dormancy Periods

Securities: 5
Montana

Dormancy Periods

Securities: 5
Nebraska

Dormancy Periods

Securities: 5
Nevada

Dormancy Periods

Securities: 3
New Hampshire

Dormancy Periods

Securities: 3* NH RSA Chapter 471-C Amendments: On August 2, 2008 the following changes will become effective: Section:3-a Abandoned Intangible Property, has been repealed. Section:10 Stock and Other Intangible Interests in Business Associations, as revised, changes the dormancy period for stock or other interest in a business association from five (5) years to three (3) years.
New Jersey

Dormancy Periods

Securities: 3
New Mexico

Dormancy Periods

Securities: 5
New York

Dormancy Periods

Securities: 3
North Carolina

Dormancy Periods

Securities: 3
North Dakota

Dormancy Periods

Securities: 3
Ohio

Dormancy Periods

Securities: 5
Oklahoma

Dormancy Periods

Securities: 3
Oregon

Dormancy Periods

Securities: 3
Pennsylvania

Dormancy Periods

Securities: 3
Rhode Island

Dormancy Periods

Securities: 5
South Carolina

Dormancy Periods

Securities: 3* Section 27-18-110. (A) Stock or other equity interest in a business association is presumed unclaimed three years after the earliest of: (1) the date of the most recent dividend, stock split, or other distribution unclaimed by the apparent owner; (2) the date of a statement of account or other notification or communication that was returned as undeliverable; or (3) the date the holder discontinued mailings, notifications, or communications to the apparent owner. (B) Unmatured or unredeemed debt, other than a bearer bond or an original-issue discount bond, is presumed unclaimed three years after the date of the most recent interest payment unclaimed by the owner. (C) Matured or redeemed debt is presumed unclaimed three years after the date of maturity or redemption. (D) At the time property is presumed unclaimed pursuant to subsection (A) or (B), any other property right accrued or accruing to the owner as a result of the property interest and not previously presumed unclaimed is also presumed unclaimed. (E) The running of the three-year period ceases if the person: (1)(a) communicates in writing with the association or its agent regarding the interest or a dividend, distribution, or other sum payable as a result of the interest; or (b) otherwise communicates with the association regarding the interest or a dividend, distribution, or other sum payable as a result of the interest, as evidenced by a memorandum or other record on file with the association or its agent; or (2) presents an instrument issued to pay interest or a dividend or other cash distribution. If a future dividend, distribution, or other sum payable to the owner as a result of the interest is subsequently not claimed by the owner, a new period in which the property is presumed unclaimed commences and relates back only to the time a subsequent dividend, distribution, or other sum became due and payable. (F) At the same time any interest is presumed unclaimed under this section, a dividend, distribution, or other sum then held for or owing to the owner as a result of the interest, is presumed unclaimed." The reporting of a specific type of unclaimed dividend check –those for which the underlying equity interest has not been presumed abandoned – was not changed. Therefore, the dormancy for those dividends is five years pursuant to Section 27-18-30 (A). However, if a holder should elect to report dividends for which the underlying interest has not been presumed abandoned, we will accept those dividends when unclaimed for three years per the early reporting provisions of Section 27-18-280 (B)
South Dakota

Dormancy Periods

Securities: 3
Tennessee

Dormancy Periods

Securities: 3 *See Tennessee Code 66-29-111
Texas

Dormancy Periods

Securities: 3
US Virgin Islands

Dormancy Periods

Securities: 3
Utah

Dormancy Periods

Securities: 3
Vermont

Dormancy Periods

Securities: 3
Virginia

Dormancy Periods

Securities: 5
Washington

Dormancy Periods

Securities: 3
West Virginia

Dormancy Periods

Securities: 5
Wisconsin

Dormancy Periods

Securities: 3
Wyoming

Dormancy Periods

Securities: 3