North Dakota § 47-30.2-49 (902) When property subject to recovery by another state

North Dakota Statutes

§ 47-30.2-49 — (902) When property subject to recovery by another state

North Dakota § 47-30.2-49

Title 47Property

Ch. 47-30.2Revised Uniform Unclaimed Property Act

This text of North Dakota § 47-30.2-49 ((902) When property subject to recovery by another state) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.D. Cent. Code § 47-30.2-49 (2026).

Text

1. Property held under this chapter by the administrator is subject to the right of another state to take custody of the property if: a. The property was paid or delivered to the administrator because the records of the holder did not reflect a last-known address of the apparent owner in the other state and:

(1)The other state establishes that the last-known address of the apparent owner or other person entitled to the property was in the other state; or

(2)Under the law of the other state, the property has become subject to a claim by the other state of abandonment; b. The records of the holder did not accurately identify the owner of the property, the last-known address of the owner was in another state, and, under the law of the other state, the property has become subject to a claim

Free access — add to your briefcase to read the full text and ask questions with AI

1. Property held under this chapter by the administrator is subject to the right of another
state to take custody of the property if:
a. The property was paid or delivered to the administrator because the records of
the holder did not reflect a last-known address of the apparent owner in the other
state and:
(1) The other state establishes that the last-known address of the apparent
owner or other person entitled to the property was in the other state; or
(2) Under the law of the other state, the property has become subject to a claim
by the other state of abandonment;

b. The records of the holder did not accurately identify the owner of the property, the
last-known address of the owner was in another state, and, under the law of the
other state, the property has become subject to a claim by the other state of
abandonment;
c. The property was subject to the custody of the administrator of this state under
section 47-30.2-19 and, under the law of the state of domicile of the holder, the
property has become subject to a claim by the state of domicile of the holder of
abandonment; or
d. The property:
(1) Is a sum payable on a traveler's check, money order, or similar instrument
that was purchased in the other state and delivered to the administrator
under section 47-30.2-20; and
(2) Under the law of the other state, has become subject to a claim by the other
state of abandonment.
2. A claim by another state to recover property under this section must be presented in a
form prescribed by the administrator, unless the administrator waives presentation of
the form.
3. The administrator shall decide a claim under this section not later than ninety days
after it is presented. If the administrator determines that the other state is entitled
under subsection 1 to custody of the property, the administrator shall allow the claim
and pay or deliver the property to the other state.
4. The administrator may require another state, before recovering property under this
section, to agree to indemnify this state and its agents, officers, and employees
against any liability on a claim to the property.