North Dakota Statutes

§ 10-33-114 — Deposit with administrator of abandoned property of amount due certain persons - Appropriation

North Dakota·Title 10 Corporations·Ch. 10-33 Nonprofit Corporations
persons - Appropriation. Upon dissolution of a corporation, the portion of the assets distributable to a person who is unknown or cannot be found must be reduced to money and deposited with the administrator of abandoned property for disposition pursuant to chapter 47-30.2. The amount deposited is appropriated to the administrator of abandoned property and must be paid over to the person or a legal representative, upon proof satisfactory to the administrator of abandoned property of a right to payment.

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