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Re: None

Tuesday, 05/03/2016 7:52:15 AM

Tuesday, May 03, 2016 7:52:15 AM

Post# of 821321
If the firm is unable to do so, and the account has remained inactive for the period of time specified by state law, the firm must report the account to the state where the account is held. The state then claims the account through a process called "escheatment," whereby the state becomes the owner of the account.

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