It may have abandoned its charter in one state and reincorporated in another. The lack of a record doesn't mean that the company no longer exists. Many states have free online databases of the businesses registered there, but others charge. state (and Canadian provincial) agencies that handle corporate records. State Resources on the Goldsheet Obsolete Securities Page provides links and phone numbers to other U.S. For Maryland corporations, call the office of the Department of Assessments and Taxation, Corporation Division in Baltimore at (410) 767-1340.Be aware that the state of incorporation and the state in which the company is located may not be the same. What if the above sources don't help? Certain records are kept by the state under whose laws the company was incorporated. ![]() ![]() If you discover that a company has merged into or been acquired by a company that currently exists, contact the successor company's investor relations or shareholder services department about redeeming the stock. Consult both current and previous indexes which cover the time period when the company was active. It's a good idea to check business, city, and phone directories and periodical indexes. Standard and Poor's Manual of Railroads.These sources report corporate financial events, obsolete securities, or company histories: If this happens, chances are that the certificate has no value as a security, but there is a chance that the certificate is worth something as a collectible. If this happens, a stock certificate may be worth something as a security. Oftentimes companies are bought out by or merged with other companies, and their names change. Over the Counter Bulletin Board (OTCBB).You can do a quick check on free stock market quote services, such as: Your local library may have print and online sources that will help you find out, in what form, and if its stock still has value.
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