2010 New York Code
ABP - Abandoned Property
Article 13 - (1300 - 1317) MISCELLANEOUS UNCLAIMED PROPERTY
1309 - Uncashed travelers checks and money orders.

§  1309.  Uncashed  travelers  checks and money orders.  1. Any amount
  held or owing by any organization other than a banking organization  for
  the  payment of a travelers check on which such organization is directly
  liable, sold by such organization on or after  January  first,  nineteen
  hundred  thirty,  shall  be  deemed abandoned property if such amount is
  held or owing for payment of a travelers check  which  shall  have  been
  outstanding for more than fifteen years from the date of its sale and
    (a)  the  last  known address of the person entitled to such amount as
  shown on the books and records of such organization  is  located  within
  this state, or
    (b)  such  organization  is  incorporated  in this state and such last
  known address is not shown on the books and records of such organization
  and the books and records of such organization do not disclose the place
  of sale of the travelers check, or
    (c) such organization is incorporated in  this  state  and  such  last
  known  address  or place of sale is located in a state the laws of which
  do not provide for the escheat or custodial taking of such amount, or
    (d) such organization is incorporated in  this  state  or  in  another
  state or foreign country and such last known address is not shown on the
  books  and  records  of  such  organization  and  such books and records
  disclose that the place of sale of  the  travelers  check  was  in  this
  state.
    Payment  to  the  state  comptroller pursuant to paragraph (b) of this
  subdivision shall be subject to the right of any other state,  the  laws
  of  which  provide  for  escheat  or custodial taking of such amount, to
  recover such amount upon proof that the last known address of the person
  entitled thereto or place of sale of the travelers check was within that
  other state's borders.
    Payment to the state comptroller pursuant to  paragraph  (c)  of  this
  subdivision  shall  be  subject  to the right of the state of last known
  address to recover such amount if and when the law of the state of  such
  last  known  address  makes provision for escheat or custodial taking of
  such amount.
    2. Any amount held or owing by any such organization for  the  payment
  of  a  money order, or for the payment of any instrument drawn or issued
  to effect the payment therefor, sold by such organization  on  or  after
  January  first,  nineteen  hundred  thirty  shall  be  deemed  abandoned
  property when such amount has remained unpaid  to  the  person  entitled
  thereto for five years and
    (a)  the  last known address of such entitled person, according to the
  records of such organization is located within this state, or
    (b) such organization is incorporated in  this  state  and  such  last
  known  address  cannot be obtained from the records of such organization
  and the records of such organization do not disclose the place  of  sale
  of the money order or instrument, or
    (c)  such  organization  is  incorporated  in this state and such last
  known address is located in a state not having in effect a statute under
  which such amount is payable to such state as  unclaimed,  abandoned  or
  escheated property, or
    (d)  such  organization is incorporated in this state or another state
  or foreign country and such last known  address  is  not  shown  on  the
  records  of  such organization and such records disclosed that the place
  of sale of the money order or instrument was in this state.
    Payment to the state comptroller pursuant to  paragraph  (b)  of  this
  subdivision  shall  be subject to the right of any other state, the laws
  of which provide for escheat or custodial  taking  of  such  amount,  to
  recover such amount upon proof that the last known address of the person

entitled  thereto  or place of sale of the money order or instrument was
  within that other state's borders.
    Payment  to  the  state  comptroller pursuant to paragraph (c) of this
  subdivision shall be subject to the right of the  state  of  last  known
  address  to recover such amount if and when the law of the state of such
  last known address makes provision for escheat or  custodial  taking  of
  such amount.
    3. On or before the first day of June in each year commencing with the
  year  nineteen  hundred  forty-nine every such organization shall pay to
  the state comptroller all property deemed  abandoned  pursuant  to  this
  section.  Such payment shall be accompanied by a statement setting forth
  such information as the state comptroller may require.
    4. Notwithstanding any other provision of law, the rights of a  holder
  of   a  travelers  check  or  money  order  to  payment  from  any  such
  organization shall be in no  wise  affected,  impaired  or  enlarged  by
  reason  of the provisions of this section or by reason of the payment to
  the state comptroller of abandoned  property  hereunder,  and  any  such
  organization  which has paid to the state comptroller abandoned property
  held or owing for the payment of a travelers check or money order shall,
  upon making payment to the person appearing to its  satisfaction  to  be
  entitled  thereto  and upon submitting to the state comptroller proof of
  such payment and the identifying number of the travelers check or  money
  order  so  paid,  be  entitled  to  claim  reimbursement  from the state
  comptroller of the amount so paid, and after audit the state comptroller
  shall pay the same.