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Current as of January 01, 2024 | Updated by Findlaw Staff
1. Except as otherwise provided by this section, all funds received under this chapter, including the proceeds from the sale of abandoned property under section 47-30.2-40, must be promptly deposited in the state treasury to the credit of the common schools trust fund.
2. There is appropriated annually the amounts necessary to pay all expense deductions under this section, including:
a. Any costs in connection with the sale of abandoned property;
b. Costs of mailing, publication, and outreach efforts in connection with any abandoned property;
c. Reasonable service charges;
d. Costs incurred in examining records of holders of property and in collecting the property from those holders;
e. Funds for the payment of claims;
f. Funds for the payment of holder refunds; and
g. Funds for attorney's fees and all other reasonable costs and expenses incurred in an action or suit.
Cite this article: FindLaw.com - North Dakota Century Code Title 47. Property § 47-30.2-46. Deposit of funds--Continuing appropriation - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-47-property/nd-cent-code-sect-47-30-2-46/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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