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Investments glossary

Dormant Account


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Quotes of the day:

Stay away from needle drugs. Richard Nixon is the only dope worth shooting.

— Abbie Hoffman

A dormant account is an account that has had no financial activity for a long period of time, except for the posting of interest. Financial institutions are required by state laws to transfer resources held in dormant accounts to the state’s treasury after the accounts have been dormant for a certain period of time. The amount of time varies depending on the state.

Dormant Account
Dormant Account
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Dormant Account
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Apr 22, 2020
Finance Fridays - Dormant Accounts
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Finance Fridays - Dormant Accounts
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Nov 5, 2020
Dormant accounts closed
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Dormant accounts closed
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Feb 7, 2020

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