(610) Periods of limitation and repose
N.D. Cent. Code § 47-30.2-39
in effect47-30.2-39. (610) Periods of limitation and repose
1. Expiration before, on, or after July 1, 2021, of a period of limitation on an owner's right
to receive or recover property, whether specified by contract, statute, or court order,
does not prevent the property from being presumed abandoned or affect the duty of a
holder under this chapter to file a report or pay or deliver property to the administrator.
2. The administrator may not commence an action or proceeding to enforce this chapter
with respect to the reporting, payment, or delivery of property more than seven years
after the holder filed a nonfraudulent report under section 47-30.2-21 with the
administrator. The parties may agree in a record to extend the limitation in this
subsection.
3. The administrator may not commence an action, proceeding, or examination with
respect to a duty of a holder under this chapter more than ten years after the duty
arose.
4. The periods of limitation established by this section are tolled by the earlier of the
administrator's delivery of a notice that a holder is subject to an examination or the
delivery of notice of authorization to voluntarily disclose property subject to this chapter
under section 47-30.2-55.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t47c30-2.pdf#nameddest=47-30p2-39Fetched: 10/16/2026