North Dakota § 47-30.2-59 (1006) Failure of person examined to retain records

North Dakota Statutes

§ 47-30.2-59 — (1006) Failure of person examined to retain records

North Dakota § 47-30.2-59

Title 47Property

Ch. 47-30.2Revised Uniform Unclaimed Property Act

This text of North Dakota § 47-30.2-59 ((1006) Failure of person examined to retain records) 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 § 47-30.2-59 (2026).

Text

If a person subject to examination under section 47-30.2-55 fails to retain the records
required by section 47-30.2-24, the administrator may determine the value of property due using
a reasonable method of estimation based on all information available to the administrator,
including extrapolation and use of statistical sampling when appropriate and necessary,
consistent with examination procedures and standards adopted under subsection 1 of section
47-30.2-56 and in accord with subsection 2 of section 47-30.2-56.

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If a person subject to examination under section 47-30.2-55 fails to retain the records
required by section 47-30.2-24, the administrator may determine the value of property due using
a reasonable method of estimation based on all information available to the administrator,
including extrapolation and use of statistical sampling when appropriate and necessary,
consistent with examination procedures and standards adopted under subsection 1 of section
47-30.2-56 and in accord with subsection 2 of section 47-30.2-56.