There is a newer version of the New York Consolidated Laws
2006 New York Code - Disposition Of Instruments.
§ 255. Disposition of instruments. 1. An instrument deposited with the police shall be delivered to the person entitled thereto upon payment of all reasonable expenses incurred in connection therewith. 2. No instrument deposited with the police shall be destroyed or sold. Except as provided in subdivision three of section two hundred fifty-six, no such instrument shall be returned to the finder, or his employer, or the person who deposited it with the police, or the person upon whose premises it was found.
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