If, at the time of the hearing in G.S. 28C-6 wherein a permanent receiver is appointed by the judge after a finding of disappearance
as of a stated date, the date of disappearance so found is more than four years prior
to the date of such hearing, the time limited for accounting for or fixed for transferring
or distributing the property or its proceeds, or for barring actions by or on behalf
of the absentee relative thereto, shall be not less than two years after the date
of the appointment of the permanent receiver instead of the five years provided in
Provided, however, that the time limited for accounting for or fixed for transferring
and distributing any additional property or its proceeds within the State coming into
the custody and control of the permanent receiver during such two-year period, or
for barring actions by or on behalf of the absentee relative thereto, shall be not
more than one year after the expiration of said two-year period.
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