34-12-15.10 Escheat of unclaimed funds of deceased resident--Notice and transfer to state.
Escheat of unclaimed funds of deceased resident--Notice and transfer to state.
If, upon the death of a resident and after notification to any known guardian, conservator, or relatives
of property belonging to the resident, not exceeding two hundred dollars in value, the property
remains unclaimed for sixty days, such property shall escheat directly to the state notwithstanding
chapter 21-36. The home or other facility shall notify the office of surplus property of such
unclaimed property. However, all money, stocks, bonds, contracts, and claims on banks which can
readily be converted to money shall be sent to the state treasurer for deposit in the general fund.
Source: SL 1977, ch 279, § 10; SL 1993, ch 213, § 222.