North Carolina Administrative Code
Title 20 - STATE TREASURER
Chapter 08 - ESCHEATS AND ABANDONED PROPERTY
Section .0400 - REFUNDS
Section 08 .0402 - REQUIRED DOCUMENTATION OF APPLICATION FOR REFUND

Universal Citation: 20 NC Admin Code 08 .0402

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

(a) All applications for refunds shall be made on Form ASD-111, and shall identify:

(1) the property claimed;

(2) the owner as shown on the Escheat records;

(3) the holder when transferred to the Escheat Fund; and

(4) the current owner, which may be either (2) or (3).

(b) Personal representatives, and other fiduciaries, custodians, and attorneys in fact shall submit a certified true copy of their appointment and authority.

(c) Claims must include evidence that the person on behalf of whom the claim is made is the true and actual owner of the property claimed. There is a rebuttable presumption that property of a business association is not lost in the ordinary course of business.

(d) Any person who received or will receive a fee for the identification of the owner, the location of the missing property or the preparation of a claim form shall sign the form as indicated therein, and shall insert his or her license number, if licensed by the Private Protective Services Board.

Authority G.S. 116B-67; 116B-78; 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.

Disclaimer: These regulations may not be the most recent version. North Carolina may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.