Title ABP, Abandoned Property

§ 502. Payment or delivery of abandoned property. 1. In the month of\nMarch in each year, and on or before the tenth day thereof, every\ndomestic or foreign corporation or public corporation or fiduciary shall\npay or deliver to the state comptroller all property which on the\np…

§ 503. Report of abandoned property. Each payment or delivery of\nabandoned property pursuant to section five hundred two shall be\naccompanied by a written report, affirmed as true and accurate under\npenalty of perjury, in such form as the state comptroller shall\nprescribe, s…

§ 504. Reimbursement for property paid or delivered. A domestic or\nforeign corporation or public corporation or a fiduciary which has paid\nor delivered to the state comptroller abandoned property pursuant to\nsection five hundred two may make payment to the person entitled\nth…

§ 510. Definitions. When used in this article, the following items\nshall have the following meanings:\n 1. "Corporation" shall include any joint stock company, corporation,\nassociation of two or more individuals, committee, public authority, or\nbusiness trust.\n 2. "Public is…

§ 511. Unclaimed property; when deemed abandoned. The following\nunclaimed property shall be deemed abandoned property:\n 1. Any amount (a) received in this state after June thirtieth,\nnineteen hundred forty-six by a broker or dealer or nominee of such\nbroker or dealer as the …

§ 512. Payment or delivery of abandoned property. 1. In the month of\nMarch of each year, and on or before the tenth day thereof, every broker\nor dealer shall pay or deliver to the state comptroller all property\nwhich on the preceding thirty-first day of December was deemed ab…

§ 513. Report to accompany payment or delivery. A payment or delivery\npursuant to section five hundred twelve shall be accompanied by a\nwritten report, affirmed as true and accurate under penalty of perjury,\nin such form as the state comptroller may prescribe, setting forth:\…

§ 513-a. Retention of books and records. 1. Every broker or dealer\nshall retain the books and records set forth in subdivision two of this\nsection relating to the years nineteen hundred sixty-seven, nineteen\nhundred sixty-eight, nineteen hundred sixty-nine and nineteen hundre…

§ 514. Reimbursement of brokers or dealers. 1. A broker or dealer\nwhich has paid or delivered to the state comptroller abandoned property\npursuant to section five hundred twelve may elect to make payment to the\nperson entitled thereto. A broker or dealer making such payment m…

§ 600. Unclaimed or unknown owner court funds. 1. The following\nunclaimed property shall be deemed abandoned property:\n (a) Any moneys including the monetary proceeds from the sale of\ntangible personal property and securities or other intangible property\npaid into court, whi…

§ 601. Publication of list of abandoned property. 1. On or before the\nfirst day of February in each year, such county treasurer or the\ncommissioner of finance of the city of New York shall cause to be\npublished a notice entitled: "NOTICE OF NAMES OF PERSONS APPEARING AS\nOWNE…

§ 602. Payment of abandoned property. 1. In such succeeding month of\nApril, and on or before the tenth day thereof, every county treasurer\nand the commissioner of finance of the city of New York shall pay or\ndeliver to the state comptroller all abandoned property specified in…

§ 603. Report to accompany payment. Each such payment of abandoned\nproperty pursuant to section six hundred two shall be accompanied by a\nwritten report, affirmed as true and accurate under penalty of perjury,\nclassified as the state comptroller shall prescribe, setting forth…

§ 700. Unclaimed life insurance corporation moneys. 1. The following\nunclaimed property held or owing by life insurance corporations shall be\ndeemed abandoned property:\n (a) Any moneys held or owing by any life insurance corporation which\nshall have remained unclaimed for th…

§ 702. Publication of list of abandoned property. 1. Every such life\ninsurance corporation shall cause to be published, on or before the\nfirst day of May in each year, a notice entitled: "NOTICE OF NAMES OF\nPERSONS APPEARING AS OWNERS OF CERTAIN UNCLAIMED PROPERTY HELD BY (na…

§ 703. Payment of abandoned property. 1. In such succeeding month of\nSeptember, and on or before the succeeding tenth day thereof, every such\nlife insurance corporation shall pay to the state comptroller all\nproperty which, as of the first day of January next preceding, was\n…

§ 704. Life insurance departments of savings and insurance banks. The\nlife insurance department of any savings and insurance bank shall be\nregarded as a domestic life insurance corporation for the purposes of\nthis article and such savings and insurance banks shall comply with…

§ 705. Unclaimed and undistributed property held by superintendent of\nfinancial services, as liquidator, upon completion of proceeding. 1.\nUpon filing the final report or accounting of the superintendent of\nfinancial services, as liquidator, closing any proceeding commenced\n…

§ 706. Payment of abandoned property after liquidation by\nsuperintendent of financial services. 1. Not later than the first day of\nOctober in every year the superintendent of financial services shall pay\nto the state comptroller all such abandoned property held by him which\n…

§ 707. Reimbursement for claims paid by insurers. Any life insurance\ncorporation which has paid to the state comptroller moneys deemed\nabandoned property pursuant to the provisions of this article may make\npayment to any person entitled to all or any part thereof and shall\nt…