CHAPTER 471-C CUSTODY AND ESCHEAT OF UNCLAIMED AND ABANDONED PROPERTY
Section 471-C:38
471-C:38 Interest and Penalties. –
I. A person who fails to pay or deliver property within the time prescribed by this chapter may be assessed interest by the administrator at the annual rate of 18 percent on the property or value thereof from the date the property should have been paid or delivered, or $25, whichever is greater.
II. A person who willfully fails to render any report or perform other duties required under this chapter may be assessed a civil penalty of $100 for each day the report is withheld or the duty is not performed, but not more than $5,000.
III. A person who willfully fails to pay or deliver property to the administrator as required under this chapter shall pay a civil penalty equal to 25 percent of the value of the property that should have been paid or delivered.
IV. A person who willfully refuses after written demand by the administrator to pay or deliver property to the administrator as required under this chapter is guilty of a misdemeanor.