§ 116B-55. Contents of safe deposit box or other safekeeping depository. - North Carolina Statutes

§ 116B‑55. Contents of safe deposit box or other safekeeping depository.

Contents of a safe deposit box or other safekeeping depository held bya financial organization is presumed abandoned if the apparent owner has notclaimed the property within the period established by G.S. 53‑43.7 andshall be delivered to the Treasurer as provided by that section. If thecontents include property described in G.S. 116B‑53, the Treasurer shallhold the property for the remainder of the applicable period set forth in thatsection before the property is deemed to be received for purpose of sale underG.S. 116B‑65. (1999‑460, s.6.)