Remittance Reminder:

1. A payment amount is required from the holder upon submission of their report to the Colorado Treasury and must match the reported amount on the report whether a holder is sending one report or multiple reports, otherwise the report will be placed in non-compliant status and prevent property owners from locating and claiming their property.

2. To avoid payment and processing delays, the Treasury strongly recommends that holders send their payments electronically for improved efficiency, increased security, modernization and a much faster processing turnaround making properties available to be claimed by owners much sooner. Payment guidelines are located here.

3. All holders, please include your FEIN when sending your payment.

Remitting Guidelines

The Colorado Treasury Unclaimed Property Division recommends all holders remitting unclaimed property to remit by Electronic Funds Transfer (EFT) to eliminate payment and processing delays and for improved efficiency, increased security and modernization.

In order to transmit payments electronically to the Colorado Treasury's Unclaimed Property Division, please complete the following guidelines:

Bank Name: Wells Fargo, N.A.
Account Name: Treasurer, State of Colorado
Account Number: 4597886563
ABA for Wires and ACH Transfers: 121000248
Type of Account: Checking

Please include a note referencing your organization’s name, FEIN, the Unclaimed Property Office, and the agency code—WAAA.

On the day the funds are transferred, send an e-mail to holders@state.co.us with your company’s name and the amount of the remittance.

Finally, please include documentation confirming the transfer (preferably a bank verification number) with the delivery of the report to the Treasury. Transfers are expected to be verifiable upon the submission of the report.

Please do not hesitate to let this office know if your company ever requires any further assistance from the Colorado Unclaimed Property Division.


Reporting and Delivery of Securities Property

The State of Colorado Unclaimed Property Division requires that all DTC eligible securities are transferred via ACATS to our custodian.

All securities must be transferred prior to the November 1st reporting deadline.

Prior Notice

Five days prior to delivery of securities, we request you e-mail your intent to deliver to Colorado’s custodian via an Excel Document containing the issue name, CUSIP, ticker symbol, number of shares, and the delivering party’s DTC participant number and/or delivering party’s information.

Please email the Excel list to Cocustody@kelmarassoc.com

Registration and Delivery of Stock

When possible, stock, including foreign stock, should be delivered via Automated Customer Account Transfer Services (ACATS) to:

Wells Fargo Clearing Services, LLC
ACATS Participant #0141
Reference: State of Colorado Unclaimed Property Division
Account # 1938-7267

If stock cannot be delivered via ACATS, alternate electronic methods such as DTC Free Delivery, DRS or DWAC may be used. If stock cannot be delivered electronically, stock may be registered in Book Entry Shares/Direct Registration Shares (DRS).

If stock cannot be delivered via ACATS, DTC, DWAC, or DRS, please contact Cocustody@kelmarassoc.com for alternate delivery methods, including foreign delivery instructions.

Physical Certificates should only be sent for stocks which cannot be sent via ACATS, DTC Free Delivery, DWAC or DRS, and must be registered as stated below:

State of Colorado Unclaimed Property Division
Acct # 1938-7267
FEIN # 84-0644739
200 E Colfax Ave Room 141
Denver, CO 80203-1722

Physical Certificates MUST be mailed to:

Kelmar Associates, LLC.
ATTN: Colorado Custody
500 Edgewater Drive, Suite 525
Wakefield, MA 08810

For Certificates not in the name of “Colorado”, they must be negotiable with all required documents for reregistration into the name of “Colorado” including signed stock power, letter of authorization allowing re-registration to Colorado, and corporate resolution.

Registration of Mutual Funds

Mutual Fund Transfer via ACATS:

When possible, mutual funds should be transferred via ACATS as stated below:

Wells Fargo Clearing Services, LLC
ACAT Participant # 0141
Reference: State of Colorado Unclaimed Property Division
Account # 1938-7267

Mutual Fund Direct Transfer:

For mutual fund shares unable to be transferred via ACATS, please contact Cocustody@kelmarassoc.com to obtain a fund account number.

If an “Omnibus Account” is provided as a fund account, please reference Bin# 1938-7267 during the delivery.

CASH option must be selected for all dividend and capital gains registration.

Closed-End Funds

Closed-end mutual funds must be transferred using the above instructions for Registration and Delivery of Stock.

Dividend Reinvestment Plans (DRP)

Dividend Reinvestment Plan (DRP) accounts should be closed prior to reporting to UPD. Fractional shares must be liquidated, and the proceeds should be included with your annual report and remittance. Liquidate fractional shares at the property level; do not total fractions for all owners prior to sale. When reporting proceeds from fractional shares, the cash value should be reported as cash for fractional shares for each individual owner using NAUPA code SC09. Whole shares should be remitted via ACATS to our custodian following the Registration and Delivery of Stock instructions above.

Worthless and Non Transferable

Holders are not required to report to the Colorado State Treasury a security identified as non-transferable. This includes securities that may be under global lock, restricted, worthless or non-transferable for any reason.

Colorado does not accept worthless securities (current market price is less than 1 cent per share). Please review these securities annually, and if they become transferable or gain value, report and remit the shares to Treasury at that time. The holder will not be penalized for late reporting in these situations.

Contact Information

Send all questions pertaining to securities registration and instructions to Cocustody@kelmarassoc.com.