[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-280861-105":53,"doc-detail-280861-en":127},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":120,"head_meta":122,"extra_data":124,"updated_unix":126},105,"en","guide-to-unclaimed-property-due-diligence","Guide to Unclaimed Property Due Diligence","","Guide to unclaimed property due diligence explains holders’ legal obligations after changes in law, focusing on notice requirements to apparent owners. It outlines when a written notice must be sent to the owner’s last known address, what the notice must contain, and how “due diligence” should be practiced to locate owners before reporting and remitting funds. It also details mailing timelines, proof-of-claim deadlines, remittance dates, and the consequences for interest and gains held by the state.",{"@graph":63,"@context":119},[64,80,102],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":41,"@type":70,"position":76},"https://docshare.wps.com/template/letters/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/guide-to-unclaimed-property-due-diligence/280861/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/guide-to-unclaimed-property-due-diligence/280861.png","ImageObject",442,249,{"name":88,"@type":89},"Hazel","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-10-25","2026-09-16",true,{"@type":98,"interactionType":99,"userInteractionCount":101},"InteractionCounter",{"@type":100},"ViewAction",9,{"@type":103,"mainEntity":104},"FAQPage",[105,111,115],{"name":106,"@type":107,"acceptedAnswer":108},"When must a holder send written notice for unclaimed property?","Question",{"text":109,"@type":110},"A holder must send written notice to the owner’s last known address when required by the property value thresholds and law. Notices must be mailed 60–120 days in advance of the November 1 report due date (May 1 for life insurance companies).","Answer",{"name":112,"@type":107,"acceptedAnswer":113},"What information must be included in the required notice?",{"text":114,"@type":110},"The notice must describe the property, include the holder’s contact information, contain an acknowledgement section, and state that once the property is placed in the Treasurer’s custody, interest, dividends, income, and gains earned on the property remain with the Treasurer even if the owner later reclaims it.",{"name":116,"@type":107,"acceptedAnswer":117},"What happens if proof of claim is not provided by the deadline?",{"text":118,"@type":110},"If satisfactory proof is not presented by October 1 (April 1 for life insurance companies), the holder must remit the funds or property to the North Carolina Department of State Treasurer’s Unclaimed Property Division by November 1st (May 15 for life insurance). Further claims must be directed to the Treasurer, and claim availability begins after January 1 (July 1 for life insurance companies).","https://schema.org",{"og:url":78,"og:type":121,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":123,"canonical":78},"index,follow",{"doc_id":125,"site_id":56},280861,1790198616,{"code":4,"msg":5,"data":128},{"doc_id":125,"user_id":129,"nickname":88,"user_avatar":130,"doc_module":9,"category_id":40,"category_name":41,"doc_title":59,"doc_description":61,"doc_content":131,"file_id":132,"file_url":133,"file_type":134,"file_size":135,"view_count":101,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":73,"language":136,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":137,"faqs":138,"seo_title":139,"seo_description":61,"update_tm":140,"read_time":9},137441390410,"https://ap-avatar.wpscdn.com/avatar/2000252f4ab5702993?_k=1776741390130283984","# Guide to Unclaimed PropertyDue Diligence\n\nPlease review carefully as the law has recently changed.For details,refer to North CarolinaGeneral Statute §116B-59—Notice by holders to apparent owner.  \nWhen an owner's money is escheated,they often express dissatisfaction when they discover that theholder has not made a diligent effort to contact them about their property.For property that is a security,or other equity interest in a business association having a property value of $25 or more and all otherproperty types having a property value of $50 or more,the law requires a holder to send a written noticeto an owner,at the owner's last known address according to the records of the holder.The notice shouldinform the owner that the holder is in possession of the owner's property and if the owner does notacknowledge their property by the applicable deadline,their property will be turned over to the NorthCarolina Department of State Treasurer Unclaimed Property Division.  \nAs the law requires simultaneous reporting and remittance,it is important to practice “due diligence”intrying to locate owners prior to reporting their funds to the Unclaimed Property Division.If the addresson record is known to be invalid,the holder must exercise reasonable care to ascertain that it is sendingthe written notice to the apparent owner's correct address.  \nThe required notice shall include a description of the property(example,if check-check number,checkdate,check amount,and payee),the holder's contact information,an acknowledge section,and astatement that once property is placed in the custody of the Treasurer,all interest,dividends,income,and gains earned on the property will remain with he Treasurer,even if the owner subsequentlyreclaims the property from the Treasurer.  \nNotices must be mailed 60-120 days in advance of the November 1 report due date(May 1 if the holderis a life insurance company).This willallow the owner time to respond.A sample due diligence letteris on the following page.  \nHolders violating the notice requirement are subject to the interest and penalties applicable to otherviolations of the North Carolina Unclaimed Property Act.  \nAugust 15,20XX(February 15,20XX if life insurance company)  \nRecipient Name1234 Any Road St.NAnytown,NC 99999-9999  \nOur records indicate you appear to be the owner of the funds or propertylisted below.No transaction or other activity has been notedfor a significant period of time.  \nINSERT:Full description of funds or property type being held,such as check or account number,date of item or last transactiondate,dollar amount orestimated value,etc.Please include any additional information which would assistthe owner in identifying theproperty.  \nf you have an interest in the funds or property,and wish to prevent the funds or property from being reported as unclaimed propertyto the State of North Carolina,please sign this notice and return it to:  \nABC Corporation1st Avenue S.Big City,US 99999-9999  \nIf satisfactory proof of claim is not presented by October 1,20X×(April 1,if holder is a life insurance company),the law requires usto remit these funds or property to the North Carolina Department of State Treasurer-Unclaimed Property Division by November 1st(May 15 for life insurance)to whom all further claims must be directed.If deposited with the State,the funds or property should beavailable for claim from the North Carolina State Treasurer's Office -Unclaimed Property Division after January 1ᵗ(July 1 for lifeinsurance company).  \nOnce property is placed in the custody of the Treasurer,all interest,dividends,income,and gains earned on the propertywillremain with the Treasurer,even if the owner subsequently reclaims the property from the Treasurer.  \nIf you have any questions concerning this request,please see the contact information below:  \nJane Doe,Controller  \n(919)555-1212  \nJane.Doe@xxxxx.com  \nPlease sign below to acknowledge ownership of the above listed funds or property.  \nSignatureJoint Own","cbCaivEUtn7RPTRS","https://ap.wps.com/l/cbCaivEUtn7RPTRS","pdf",750186,"English","# Guide to Unclaimed Property Due Diligence\n## Notice requirements and due diligence\n## Required notice content and timelines\n## Deadlines, remittance, and claim availability\n## Notice example and signature information","[{\"question\":\"When must a holder send written notice for unclaimed property?\",\"answer\":\"A holder must send written notice to the owner’s last known address when required by the property value thresholds and law. Notices must be mailed 60–120 days in advance of the November 1 report due date (May 1 for life insurance companies).\"},{\"question\":\"What information must be included in the required notice?\",\"answer\":\"The notice must describe the property, include the holder’s contact information, contain an acknowledgement section, and state that once the property is placed in the Treasurer’s custody, interest, dividends, income, and gains earned on the property remain with the Treasurer even if the owner later reclaims it.\"},{\"question\":\"What happens if proof of claim is not provided by the deadline?\",\"answer\":\"If satisfactory proof is not presented by October 1 (April 1 for life insurance companies), the holder must remit the funds or property to the North Carolina Department of State Treasurer’s Unclaimed Property Division by November 1st (May 15 for life insurance). Further claims must be directed to the Treasurer, and claim availability begins after January 1 (July 1 for life insurance companies).\"}]","Guide to Unclaimed Property Due Diligence | PDF",1789560341]