{"data":{"id":"us-nc/n.c.-gen.-stat.-54d-13","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 54D-13","heading":"Term and termination.","body":"(a)\tUnless otherwise provided in the account agreement, a special deposit terminates five years after the date the special deposit was first funded.\n(b)\tUnless otherwise provided in the account agreement, if the bank cannot identify or locate a beneficiary entitled to payment when the special deposit is terminated, and a balance remains in the special deposit, the bank shall pay the balance to the depositor or depositors as a beneficiary or beneficiaries.\n(c)\tA bank that pays the remaining balance as provided under subsection (b) of this section has no further obligation with respect to the special deposit. (2025-25, s. 158.)","path":["Chapter 54D. Uniform Special Deposits Act"],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_54D/GS_54D-13.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:05:52Z","sha256":"4315b503f7497a69391afba5a509a3a15b2f0cf8b7e8f7cc5fe9e2dbe0168ee0","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-54d-12","next":"us-nc/n.c.-gen.-stat.-54d-14"},"notice":"GroundRules: Original legal text. Not legal advice."}