2006 New York Code - Agreements With Other States.

 
    §  1417.  Agreements  with  other  states. 1. The state comptroller is
  authorized to enter into reciprocal agreements with appropriate officers
  or agencies of other states to effectuate the purposes of this chapter.
    2. Reciprocal agreements entered into pursuant  to  this  section  may
  include within their terms:
    (a)  agreement  to  receive  and distribute abandoned property between
  agreeing states, in accordance with existing law, and the manner of such
  distribution;
    (b) agreements for cooperation between agreeing states, including  the
  exchange  of  information  and  data and use of personnel, in performing
  audits and other functions relating to  securing  compliance  with  this
  chapter and the applicable statutes of the agreeing states by holders of
  unclaimed property.
    3. (a) For purposes of this section the term "states" shall mean those
  states,  the  district  of Columbia and the commonwealth of Puerto Rico,
  which have  enacted  laws  relating  to  the  disposition  of  unclaimed
  property  and  such  laws  require  that the property be held thereby in
  custody subject to claim by the person or persons  entitled  thereto  at
  any time.
    (b)  For  purposes  of  this  section  the phrase "existing law" shall
  include within its meaning decisions of the supreme court of the  United
  States.
    4.  No  reciprocal  agreement  made pursuant to the provisions of this
  section shall become effective until approved as to form by the attorney
  general (of each agreeing state).