(a) All applications for refunds shall be made on Form ASD‑111, and shall identify:
- (1) the property claimed;
- (2) the owner as shown on the Escheat records;
- (3) the holder when transferred to the Escheat Fund; and
- (4) the current owner, which may be either (2) or (3).
- (b) Personal representatives, and other fiduciaries, custodians, and attorneys in fact shall submit a certified true copy of their appointment and authority.
- (c) Claims must include evidence that the person on behalf of whom the claim is made is the true and actual owner of the property claimed. There is a rebuttable presumption that property of a business association is not lost in the ordinary course of business.
- (d) Any person who received or will receive a fee for the identification of the owner, the location of the missing property or the preparation of a claim form shall sign the form as indicated therein, and shall insert his or her license number, if licensed by the Private Protective Services Board.
History Note: Authority G.S. 116B-67; 116B-78; 116B‑80;
Eff. February 1, 1982;
Amended Eff. April 1, 2001; November 1, 1988;
Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. December 6, 2016.