NOTICE: LEGISLATIVE CHANGE FOR OWNERS CLAIMING SECURITIES – SHB 2169
Securities to be Converted to Cash
Legislation effective December 20, 2011, has directed the Department of Revenue to convert all securities held as unclaimed property to cash as soon as practicable. If you submit a claim for securities and the Department has not ordered those securities sold, you may elect to have the securities returned or receive the net proceeds of the sale. If the Department has ordered the sale of a security, owners may only claim the net proceeds as of the date of sale. The Department appreciates your patience and regrets any inconvenience or delay you may experience while we implement this change.