Sentences with word «escheatment»

Under the law, corporations, banks, insurance companies, brokerages and other businesses in New York are required to transfer abandoned money or securities to the state comptroller's Office of Unclaimed Funds under a process called escheatment (a word with origins in English feudal law).

A trusted financial advisor can help ensure that your dividends are put to the best possible use, give you guidance regarding which investments are best suited to your individual goals and help you avoid common investment pitfalls, such as escheatment and improper asset allocation.

These fees cover costs for delivering client statements, confirmations, tax forms, prospectuses, proxies and other shareholder related back office processes such as recordkeeping, escheatment, and call - center support.

He has prepared numerous regulatory compliant plans and submissions covering cybersecurity, investments, governance, derivative use, Enterprise Risk Management, ORSA, telematics programs, privacy, data protection and breach response, escheatment, insurer and producer disclosures, and other internal policies.

Project Lead — Shell Oil Company (06/2007 — 09/2007) • Serve as lead accountant for an escheatment project • Manage payments, unclaimed properties, and vendor accounts • Research and process items to be escheated or held on account • Reduce open items count by 55 % and outstanding dollars by 68 %