Escheat in North Carolina

Sources

N.C. Gen. Stat. ?? 116B-51

Recipient Office

Department of State Treasurer

Reporting

• Time Period: 5
• Due Diligence Amount: 50
• Due Diligence Dates: Not more than 120 days and not less 60 day prior to report
• Aggregate Amount: 49.99
• Report Period: 7/1-6/30
• Report Due Date: 11/1
• Negative Reporting: No

Dormancy Fee

Only if there is a valid and enforceable contract with the owner under which the holder may impose the charge and the holder regularly imposes the charge and does not regularly reverse or cancel it.

Web Site

https://www.nctreasurer.com/Claim-Your-Cash/Claim-Your-NC_Cash/Pages/default.aspx

Cross-References

• North Carolina
• Escheat