§ 143-267 Release and payment of funds to State Treasurer; delivery of other assets to Secretary of Administration
§ 143-268 Official records turned over to Department of Natural and Cultural Resources; conversion of other assets into cash; allocation of assets to State agency or department
§ 143-269 Deposit of funds by State Treasurer
§ 143-270 Statement of claims against board or agency; time limitation on presentation
§ 143-271 Claims certified to State Treasurer; payment; escheat of balance to University of North Carolina
§ 143-272 Audit of affairs of board or agency; payment for audit and other expenses
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Terms Used In North Carolina General Statutes > Chapter 143 > Article 27 - Settlement of Affairs of Certain Inoperative Boards and Agencies

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Escheat: Reversion of real or personal property to the state when 1) a person dies without leaving a will and has no heirs, or 2) when the property (such as a bank account) has been inactive for a certain period of time. Source: OCC
  • state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall be construed to include the said district and territories and all dependencies. See North Carolina General Statutes 12-3
  • Statute: A law passed by a legislature.