Holder Information and Reporting

Due to the challenges businesses are facing as a result of the Coronavirus pandemic, North Carolina has extended its deadline for life insurance companies to file Unclaimed Property Holder Reports until June 1, 2020. No Extension Request Form is required for this extension.

North Carolina State Treasurer Dale Folwell and the Unclaimed Property Division hope all stay safe during these unprecedented times. For questions about reporting, please email us at upreports@nctreasurer.com.

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
  • Wages
  • Contents of safe deposit boxes
  • Insurance policy proceeds
  • Utility deposits
  • Bonds
  • Stocks
  • Others

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

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

4 Step Reporting Process

Step 1 Step 2 Step 3 Step 4