Holder Information and Reporting

All companies doing business in North Carolina are required to review their financial accounts annually and to determine if they are holding reportable unclaimed property. If they are, companies are required to submit a Holder Report with the Unclaimed Property Division, and to remit the unclaimed property to the North Carolina Department of State Treasurer. Unclaimed property “holders” include corporations, partnerships, sole proprietorships, retailers, manufacturers, financial institutions, governmental agencies, universities, hospitals, utilities, insurance companies, and others.  

Unclaimed Property consists of tangible and intangible property that has been abandoned, such as:

Bank accounts Refunds Insurance policy proceeds
Bonds Wages Utility deposits
Stocks Contents of safe deposit boxes And others

For Life Insurance holders, the reporting due date is May 1st, for all property that reached its dormancy holding period as of the prior December 31st and for which the owners could not be located. 

For all other  holders, the reporting due date is November 1st, for all property that reached its dormancy holding period as of the prior June 30th and for which the owners could not be located.

4 Step Reporting Process

Step 1 Step 2 Step 3 Step 4