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Official Web Site (North Carolina Unclaimed Property)
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North Carolina state law requires financial institutions, insurance companies, public agencies, and businesses to turn over unclaimed property to the state if there has been no contact with the owners for the statutory period of time. In most cases, this period of time varies from 1 to 5 years depending upon the property type. There are over 100 types of property which may become unclaimed, including the following:
In 1970, legislation mandated that the North Carolina Department of State Treasurer assume responsibility for the administration of the escheat (or unclaimed property) program that was previously administered by the University of North Carolina.
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Added: Tue Jul 11 2006
