116B-64. Loss, income, or gain accruing after payment or delivery.
If property other than money is delivered to the Treasurer under this Chapter, the owner is entitled to receive from the Treasurer any income or gain realized or accruing on the property at or before liquidation or conversion of the property into money. If the property is interest-bearing or pays dividends, the interest or dividends shall be paid until the date on which the amount of the deposits, accounts, or funds, or the shares must be remitted or delivered to the Treasurer under G.S. 116B-61. Otherwise, when property is delivered or paid to the Treasurer, the Treasurer shall hold the property without liability for loss, income, or gain. (1979, 2nd Sess., c. 1311, s. 1; 1999-460, s. 6; 2020-48, s. 3.3.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 116B - Escheats and Abandoned Property
Article 4 - North Carolina Unclaimed Property Act.
§ 116B-53 - Presumptions of abandonment.
§ 116B-54.1 - Unclaimed United States savings bonds.
§ 116B-55 - Contents of safe deposit box or other safekeeping depository.
§ 116B-56 - Rules for taking custody.
§ 116B-57 - Dormancy charge; other lawful charges.
§ 116B-58 - Burden of proof as to property evidenced by record of check or draft.
§ 116B-59 - Notice by holders to apparent owners.
§ 116B-60 - Report of abandoned property; certification by holders with tax return.
§ 116B-61 - Payment or delivery of abandoned property.
§ 116B-62 - Preparation of list of owners by Treasurer.
§ 116B-63 - Custody by State; recovery by holder; defense of holder.
§ 116B-64 - Loss, income, or gain accruing after payment or delivery.
§ 116B-65 - Public sale of abandoned property.
§ 116B-66 - Claim of another state to recover property.
§ 116B-67 - Claim for property paid or delivered to the Treasurer.
§ 116B-68 - Action to establish claim.
§ 116B-69 - Election to take payment or delivery.
§ 116B-71 - Periods of limitation.
§ 116B-72 - Requests for reports and examination of records.
§ 116B-73 - Retention of records.
§ 116B-74 - Discretionary precompliance review.
§ 116B-76 - Interstate agreements and cooperation; joint and reciprocal actions with other states.
§ 116B-77 - Interest and penalties; waiver.
§ 116B-78 - Agreement to locate property between property finders and owners or apparent owners.
§ 116B-78.1 - Property finder regulation and enforcement.