Find Laws Find Lawyers Free Legal Forms USA State Laws

NORTH CAROLINA STATUTES AND CODES

§ 116B-57. Dormancy charge; other lawful charges.

§ 116B‑57. Dormancy charge; other lawful charges.

(a)        A holder may deduct from property presumed abandoned areasonable charge imposed by reason of the owner's failure to claim theproperty within a specified time only if there is a valid and enforceable writtencontract between the holder and the owner under which the holder may impose thecharge and the holder regularly imposes the charge, which is not regularlyreversed or otherwise canceled.

(b)        This Chapter does not prevent a holder from deducting fromproperty presumed abandoned other lawful charges specifically authorized bystatute or by a valid and enforceable contract. (1999‑460, s. 6.)

North Carolina Forms by Issue

North Carolina Gun Forms
North Carolina Real Estate Forms
North Carolina Tax Forms

North Carolina Law

North Carolina State Laws
    > North Carolina Child Support
    > North Carolina Gun Laws
    > North Carolina Statute
North Carolina Tax
    > North Carolina State Tax
North Carolina Labor Laws
    > North Carolina Unemployment
North Carolina Agencies
    > North Carolina Department of Corrections
    > North Carolina DMV
    > North Carolina Employment Security Commission
    > North Carolina Real Estate
    > North Carolina Secretary of State

North Carolina Court Map

Tips