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All tangible and intangible property held in a safe deposit box is presumed abandoned two years after the box has been drilled for non-payment of rent per North Carolina General Statutes §53-43.7 and §116B-55.

By law, unclaimed property is escheated, or turned over, to the department for safekeeping. The Unclaimed Property and Escheats Division (UPD) is responsible for recovering, safekeeping, and returning such property to its rightful owner.

By law, unclaimed property is escheated, or turned over, to the department for safekeeping. The Unclaimed Property and Escheats Division (UPD) is responsible for recovering, safekeeping, and returning such property to its rightful owner.

Unclaimed property consists of bank accounts, wages, utility deposits, insurance policy proceeds, stocks, bonds, and contents of safe deposit boxes that typically have been abandoned for one to five years.

Regardless of the internal terminology used, the State of North Carolina considers savings and DDA accounts presumed abandoned five years from the date of the last documented instance of positive owner contact.

NCCash Claims Claims are processed in the order they are received. Normal processing time is approximately 90 days. Once your claim is assigned to a processor, they will contact you if any additional information or documents are needed.

A dormancy period can vary from 1 to 15 years depending on the property type. Some examples include: Utility deposits and refunds, wages and government obligations have a one-year dormancy period.

CLAIMING. YOUR PROPERTY. Search Unclaimed PropertiesCheck the Status of a ClaimUpload Claim Documentation. HOLDER. REPORTING. Submit a ReportSubmit a PaymentUpload Holder DocumentationUpload Finder Documentation - Tax ID.