20 ncac 08 .0403             PAYMENT OF REFUNDS

(a)  When the holder has certified in Form ASD‑111, that he has already made payment to the owner, the refund will be made by warrant on the State Treasurer to the order of the holder.

(b)  All other refunds will be made by warrant on the State Treasurer to the order of the owner.

History Note:        Authority G.S. 116B‑67; 116B‑80;

Eff. February 1, 1982;

Amended Eff. April 1, 2001; November 1, 1988;

Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. December 6, 2016.