Shares and dividends are declared are declared unclaimed financial assets when Purchased shares and uncollected dividends remain unclaimed and the owners have not shown interest or contacted the holding institution for a period set by law.
This accounts could fall dormant due change of address, change of company name, collapse or change in corporate structures, migration, name change after marriage or divorce, owners are deceased, beneficiaries not aware of its existence, passage of time, undisclosed investments, collapse or change in corporate structures etc.
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