Escheats and unclaimed property fund of North Carolina
E683035
The Escheats and unclaimed property fund of North Carolina is a state-managed pool of financial assets such as dormant bank accounts, uncashed checks, and other unclaimed monies held in trust for rightful owners until they are located or come forward to claim them.
Statements (46)
| Predicate | Object |
|---|---|
| instanceOf |
state government financial fund
ⓘ
unclaimed property fund ⓘ |
| administrativeFunction |
maintaining records of unclaimed property
ⓘ
public outreach to locate owners ⓘ receiving reports of unclaimed property from holders ⓘ verifying and processing owner claims ⓘ |
| alsoKnownAs |
North Carolina Escheats Fund
NERFINISHED
ⓘ
North Carolina Unclaimed Property Program NERFINISHED ⓘ |
| appliesToJurisdiction | North Carolina NERFINISHED ⓘ |
| benefits |
protects consumers from loss of unclaimed assets
ⓘ
provides a centralized database for searching unclaimed property ⓘ |
| claimableBy |
heirs of rightful owners
ⓘ
rightful owners ⓘ |
| claimProcess | owners must file a claim with the North Carolina Department of State Treasurer ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| currency |
US dollar
ⓘ
surface form:
United States dollar
|
| fundingSource |
unclaimed property reported by businesses
ⓘ
unclaimed property reported by financial institutions ⓘ unclaimed property reported by government entities ⓘ |
| governingLevel | state ⓘ |
| holds |
dormant bank accounts
ⓘ
other unclaimed monies ⓘ uncashed checks ⓘ unclaimed insurance proceeds ⓘ unclaimed securities ⓘ unclaimed utility deposits ⓘ unclaimed wages ⓘ |
| legalBasis |
North Carolina escheat laws
NERFINISHED
ⓘ
North Carolina unclaimed property statutes ⓘ |
| locatedIn | Raleigh, North Carolina NERFINISHED ⓘ |
| managedBy | North Carolina Department of State Treasurer NERFINISHED ⓘ |
| ownershipStatus | held in trust for rightful owners ⓘ |
| ownerType |
businesses
ⓘ
heirs ⓘ individuals ⓘ |
| purpose |
to centralize custody of unclaimed property reported by holders in North Carolina
ⓘ
to hold unclaimed financial assets in trust for rightful owners ⓘ to safeguard unclaimed property until claimed by owners or heirs ⓘ |
| relatedConcept |
escheat
ⓘ
unclaimed property law ⓘ |
| reportingObligationOf |
banks and financial institutions in North Carolina
ⓘ
other holders of unclaimed property in North Carolina ⓘ |
| reportingObligationOf | employers in North Carolina ⓘ |
| reportingObligationOf | insurance companies in North Carolina ⓘ |
| searchMethod |
mail or phone inquiries to the North Carolina Department of State Treasurer
ⓘ
online database maintained by the North Carolina Department of State Treasurer ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.
State Treasurer of North Carolina
→
oversees
→
Escheats and unclaimed property fund of North Carolina
ⓘ