24 NCAC 06A .0716         Dormant Accounts

Wagering Accounts with no Player initiated activity for at least three years shall be closed. Upon closure of a dormant Account, the Operator shall make reasonable efforts to contact the Registered Player to return any unclaimed funds. After 120 Days of attempting to contact the Registered Player, the unclaimed funds in a dormant Account shall be presumed abandoned and shall be treated in accordance with Chapter 116B of the General Statutes.

History Note:        Authority G.S. 18C-114(a)(14);

Previously adopted as Rule 1G-016;

Eff. January 8, 2024;

Readopted Eff. March 27, 2024.