2010 New York Code
ABP - Abandoned Property
Article 5-A - (510 - 514) UNCLAIMED PROPERTY HELD BY BROKERS
512 - Payment or delivery of abandoned property.

§  512. Payment or delivery of abandoned property.  1. In the month of
  March of each year, and on or before the tenth day thereof, every broker
  or dealer shall pay or deliver to the  state  comptroller  all  property
  which on the preceding thirty-first day of December was deemed abandoned
  property pursuant to section five hundred eleven excepting such property
  as since that date has ceased to be abandoned.
    2.  Where  any security delivered to the state comptroller pursuant to
  subdivision one hereof, is delivered by him to the issuing  corporation,
  the security shall be transferred to him on the books of the corporation
  and  a certificate registered in the name of the state comptroller shall
  be delivered to him. The corporation and its transfer  agent,  registrar
  or  other person acting for or on behalf of the corporation in executing
  or delivering such certificate shall be relieved from liability  to  any
  person  for  any  losses  or  damages  resulting  from  the issuance and
  delivery to the state comptroller of such certificate.

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