North Dakota § 47-30.2-68 (1301) When agreement to locate property enforceable

North Dakota Statutes

§ 47-30.2-68 — (1301) When agreement to locate property enforceable

North Dakota § 47-30.2-68

Title 47Property

Ch. 47-30.2Revised Uniform Unclaimed Property Act

This text of North Dakota § 47-30.2-68 ((1301) When agreement to locate property enforceable) 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 § 47-30.2-68 (2026).

Text

An agreement by an apparent owner and another person, the primary purpose of which is to locate, deliver, recover, or assist in the location, delivery, or recovery of property held by the administrator, is enforceable only if:

1.The person who entered into the agreement with the apparent owner is in compliance with chapter 43-30; and

2.The agreement:

a.Is in writing;

b.Clearly states the nature of the property and the services to be provided;

c.States the amount of the fee or other compensation to be paid, which may not be in excess of ten percent of the amount recovered;

d.Discloses that, absent the agreement, the property would be delivered to a state- administered unclaimed property program for safekeeping on the owner's behalf and upon delivery, the owner may be able to recover t

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An agreement by an apparent owner and another person, the primary purpose of which is to
locate, deliver, recover, or assist in the location, delivery, or recovery of property held by the
administrator, is enforceable only if:
1. The person who entered into the agreement with the apparent owner is in compliance
with chapter 43-30; and
2. The agreement:
a. Is in writing;
b. Clearly states the nature of the property and the services to be provided;
c. States the amount of the fee or other compensation to be paid, which may not be
in excess of ten percent of the amount recovered;
d. Discloses that, absent the agreement, the property would be delivered to a state-
administered unclaimed property program for safekeeping on the owner's behalf
and upon delivery, the owner may be able to recover the property from the state-
administered program without charge; and
e. Is signed by or on behalf of the apparent owner.