2010 New York Code
ABP - Abandoned Property
Article 5 - (500 - 504) UNCLAIMED PROPERTY HELD OR OWING FOR PAYMENT TO SECURITY HOLDERS
502 - Payment or delivery of abandoned property.

§  502.  Payment or delivery of abandoned property. 1. In the month of
  March in each year, and on  or  before  the  tenth  day  thereof,  every
  domestic or foreign corporation or public corporation or fiduciary shall
  pay  or  deliver  to  the  state  comptroller  all property which on the
  preceding thirty-first day of December was deemed abandoned pursuant  to
  section  five hundred one 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  or,  if  so  requested  by the comptroller, such
  corporation shall register such securities in book  entry  form  in  the
  name  of  the  comptroller.  The  corporation  and  its  transfer agent,
  registrar or other person acting for or on behalf of the corporation  in
  executing  or  delivering  any  such  certificate  or  registering  such
  securities 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 or registration of such securities.