N.D. Cent. Code § 47-30.2-09

Current through 2023 Legislative Sessions
Section 47-30.2-09 - (206) When stored-value card presumed abandoned
1. Subject to section 47-30.2-12, the net card value of a stored-value card, other than a payroll card, is presumed abandoned on the latest of three years after:
a. December thirty-first of the year in which the card is issued or additional funds are deposited into the card;
b. The most recent indication of interest in the card by the apparent owner; or
c. A verification or review of the balance by or on behalf of the apparent owner.
2. The amount presumed abandoned in a stored-value card is the net card value at the time it is presumed abandoned.

N.D.C.C. § 47-30.2-09

Added by S.L. 2021, ch. 337 (SB 2048),§ 17, eff. 7/1/2021.