NORTH CAROLINA GENERAL STATUTE 116B

North Carolina law requires unclaimed property holders to report and remit unclaimed property on an annual basis after a dormancy period is met. Unclaimed property can be bank accounts, wages, refunds, utility deposits, insurance policy proceeds, stocks, bonds, or contents of safe deposit boxes that have been abandoned. Property is considered abandoned if there have been no documented transactions or contact with the owners for a period of time known as a dormancy period.