Reporting Securities

Securities Report 

Any stock or other equity interest in a business association or financial organization is presumed abandoned if the property remains unclaimed by the owner for more than three years after the date of the most recent dividend, stock split or other distribution.

Securities Remittance

Complete the Report of Abandoned Securities 650B.  All information must be typed or printed clearly in ink.

Stock must be registered in the name of the State of Arizona

Holders who participate in DTC (Depository Trust Company) must transfer re-registered securities directly to: DTC Participant #901; Account #822432; Agent Bank 26500.

PHYSICAL CERTIFICATES ARE TO BE REGISTERED AS FOLLOWS:

HARE & CO/ACCT#822432
FEIN #13-6062916
The Depository Trust Company
570 Washington Bvld-5th FL
Jersey City, NJ 07310
Attn: BNY Mellon/Branch Deposit Department/Account #822432 State of Arizona

PLEASE NOTE:  Physical certificates will be returned if DTC, DWAC or DRS eligible.

Email [email protected] a notification of securities being transferred at least 24 to 48 hours prior to the transfer. Include in this notification the following:

  • Issue name
  • CUSIP #
  • Number of shares
  • Depository number
     

If prior notification is not received by Avenu Insights, the transfer will be rejected and returned to the holder.

Include a copy of the DTC confirmation along with the Unclaimed Property Report you submit to the Unclaimed Property Unit of the Arizona Department of Revenue.

Dividend Reinvestment Plans will not be accepted in book entry form. Convert each owners account to whole shares, and register the whole shares into our nominee name.  The report must indicate, for each individual owner, the number of whole shares and the amount of cash in lieu of fractional shares that are due.

 

Mutual Funds

Open-End Mutual Funds

Mutual Fund Accounts held for Arizona Department of Revenue, must be opened in advance. Avenu will provide the account numbers for all mutual funds to be transferred into the state’s account. 

Please contact Avenu at [email protected] to obtain the account numbers 5 business days prior to attempting delivery. Please send interested party statements for Open-End Mutual Fund accounts to the following:

Avenu Insights & Analytics
Attn: Custody Department
100 Hancock Street, 10th Floor
Quincy, MA 02171
*Note: Please pay all dividends and capital gains earned as reinvestment.


Closed-End Mutual Funds/DRP (Dividend Reinvestment Plan)  
Account held should be registered in the name of:

Cactus & Co
c/o Avenu Insights & Analytics
Attn: Custody Department
100 Hancock Street, 10th Floor
Quincy, MA 02171
Tax ID: 75-3121666
*Note: Please pay all dividends and capital gains earned as reinvestment.
 

 

Worthless or Non-Transferable Securities

Do not report worthless or non-transferable securities to our office.  If these do become transferable or gain value, report and remit the shares at that time.  You will not be penalized for late reporting in these situations.

If you are reporting securities from a safe deposit box, please use the Instructions for Reporting Safe Deposit Box Contents.