N.D. Cent. Code § 47-30.2-31: (602) Dormancy charge
Where this section sits in the code
- Title 47 Property
- Chapter 47-30.2 Revised Uniform Unclaimed Property Act
1.A holder may deduct a dormancy charge from property required to be paid or delivered to the administrator if:
a.An enforceable written contract between the holder and the apparent owner authorizes imposition of the charge for the apparent owner's failure to claim the property within a specified time; and
b.The holder regularly imposes the charge and regularly does not reverse or otherwise cancel the charge.
2.Charges authorized under this section may only be charged until the respective property is deemed abandoned.
Collected 2026-09-02T21:04:14Z. Source file · JSON