All states require financial institutions to report when personal property has been abandoned or unclaimed after some period of time as specified by state law. Certain state abandoned property regulations may adversely impact your mutual fund account if you haven't maintained an accurate address, logged in to your account online or made contact with us for two or more years.
The laws on abandoned property vary by state, as each state has adopted its own law for the treatment of abandoned property. The abandoned property laws include a combination of "no contact" and/or "returned mail" provisions, so if a financial institution is unable to demonstrate contact with a customer-such as logging in to a personal account online or calling the financial institution-over a prescribed period of time, and/or has received returned mail from the post office, the customer's account(s) may be considered abandoned property, as defined by the applicable state. The state could mandate that the financial institution transfer the account(s) to its Department of Unclaimed Property, which becomes "custodian" at that time.
To avoid any adverse impact, please log in at www.troweprice.com/access.