(1503) Transitional provision - Effect of new provisions - Clarification of application
N.D. Cent. Code § 47-30.2-74
in effect47-30.2-74. (1503) Transitional provision - Effect of new provisions - Clarification of
application.
1. This chapter does not relieve a holder of a duty that arose before July 1, 2021, to
report, pay, or deliver property. A holder that fails to comply with the law in effect before
July 1, 2021, is subject to the applicable enforcement and penalty provisions that
existed before July 1, 2021, and the applicable provisions are continued in effect for
the purpose of this subsection.
2. The initial report filed under this chapter for property that was not required to be
reported before July 1, 2021, but which is subject to this chapter must include all items
of property that would have been presumed abandoned during the ten-year period
preceding July 1, 2021, as if this chapter had been in effect during that period.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t47c30-2.pdf#nameddest=47-30p2-74Fetched: 10/16/2026