If you have nothing to report, we recommend filing a negative report, either via the website or on diskette or CD Rom in NAUPA format. Negative reports are not statutorily required, but is deemed a best practice. Negative reports help establish a solid reporting history for your business in years when there is no property to remit.
Safe Deposit Box Inventory Statement
Be sure to provide a complete inventory of all items found in the box. When submitting safe deposit box contents, we recommend that the package be insured or delivered by registered mail.
As required by Section 47-30.1-17 (05), N.D.C.C., if the account is $50 or more, you have an obligation to send a letter to the owner's last known address not more than 120 days prior to filing this report. If the owner does not respond, the account must be included on the report. Here are examples of Due Diligence letters for Financial Institutions and Uncashed Checks. (Accounts under $50 are subject to reporting but are exempt from due diligence requirements.)
Each year, the report and property is due by May 1 for Life Insurance Companies and November 1 for all other businesses. Make checks payable to the Department of Trust Lands and include it with your report. Stock shares should be registered in the name of the Unclaimed Property Division. Our Federal ID Number is 45-6002470.
Report any and all types of property that you are holding for an owner who has not claimed or shown an interest in the property for the periods set out below.
If you are holding property that is not identified above, and you question whether it should be reported, or how long you should hold it, please contact us at:Unclaimed Property Division
1707 North 9th Street | PO Box 5523 | Bismarck, ND 58506-5523 | Telephone: (701)328-2800 | Fax: (701)328-3650
© 2017 North Dakota Department Of Trust Lands