North Carolina Administrative Code
Title 20 - STATE TREASURER
Chapter 08 - ESCHEATS AND ABANDONED PROPERTY
Section .0200 - INTANGIBLE PERSONAL PROPERTY
Section 08 .0203 - ESCHEAT REPORT

Universal Citation: 20 NC Admin Code 08 .0203

Current through Register Vol. 39, No. 6, September 16, 2024

Each holder shall report intangible personal property to the Escheat Fund on Form ASD-21 together with Form ASD-159 which together shall include as a minimum:

(1) Holder's legal name and address;

(2) Holder's federal tax identification number;

(3) A contact person and his or her telephone number;

(4) The date on which the property became payable, demandable or returnable;

(5) Separately for each person with property in each property class in excess of the amount specified in G.S. 116B-60(b)(3):

(a) The name(s) of the owner(s);

(b) The last known address(es) of the owner(s);

(c) The social security or tax identification number(s) of the owner(s), if known;

(d) A description of the property, including the property classification code set out in Rule 20 NCAC 08 .0204;

(e) Serial number(s) or other identification number(s) of the property, if any;

(f) The money amount, if any, being transferred;

(6) Aggregate by property classification code pursuant to 20 NCAC 08 .0204;

(7) Verification pursuant to G.S. 116B-60(f); and

(8) Verification that the Holder has complied with the requirements of G.S. 116B-69(b).

This Rule does not apply to property claimed by the Escheat Fund pursuant to an audit which shall be reported as provided in 20 NCAC 04. 0206.

Authority G.S. 116B-60; 116B-80;
Eff. February 1, 1982;
Amended Eff. April 1, 2001; November 1, 1988;
Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. December 6, 2016.

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