Editing Escheat (section)

==== Lost shareholders ====
According to SEC Rule 17 CFR 240.17f-1: Transfer agents are obligated by the SEC to report to the commission (specifically to its designee; the SEC's Securities Information System) anytime a certificate is known to be lost or missing for at least two days.<ref>{{Cite web|url=https://www.law.cornell.edu/cfr/text/17/240.17f-1|title=17 CFR 240.17f-1 - Requirements for reporting and inquiry with respect to missing, lost, counterfeit or stolen securities.|website=LII / Legal Information Institute|language=en|access-date=2018-01-26}}</ref> Transfer Agents must search for the holder's SSN or EIN utilizing an information database system, or if not available, exercise their best effort to match the holder's name and address through these systems. All transfer agents must report all lost or missing certificates/shareholders on their own annual filings.<ref>{{Cite web |url= https://westcoaststocktransfer.com/escheatment |title= Escheatment |language=en |access-date= 2018-01-26}}</ref>