2010 New York Code
ABP - Abandoned Property
Article 3 - (300 - 306) UNCLAIMED PROPERTY HELD OR OWING BY BANKING ORGANIZATIONS
301 - Annual report of abandoned property.

§  301. Annual report of abandoned property. 1. On or before the first
  day of August in each year  every  banking  organization  shall  make  a
  verified  written report to the state comptroller, which shall contain a
  true and accurate statement, as  of  the  thirtieth  day  of  June  next
  preceding  of all abandoned property specified in section three hundred,
  held or owing by it.
    2. (a) Such  report  shall,  with  respect  to  amounts  specified  in
  paragraph  (a)  of  subdivision  one  of section three hundred which are
  abandoned property, set forth:
    (i) the name and last known address of the person or persons appearing
  from the records of such banking organization to be  the  owner  of  any
  such abandoned property;
    (ii)  the  amount appearing from such records to be due such person or
  persons;
    (iii) the date of the last transaction with respect to such  abandoned
  property;
    (iv)  the  nature  and  identifying  number, if any, of such abandoned
  property; and
    (v) such other identifying information as the  state  comptroller  may
  require.
    (b)  Such report shall, with respect to amounts specified in paragraph
  (b) of subdivision one of section  three  hundred  which  are  abandoned
  property
    (i)  the name and last known address, if any, of the person or persons
  appearing from the records of such banking organization to  be  entitled
  to receive such abandoned property;
    (ii)  the  amount appearing from such records to be due such person or
  persons;
    (iii) the amount of any interest or other increment due thereon;
    (iv) the date of the last transaction with respect to  such  abandoned
  property; and
    (v)  such  other  identifying information as the state comptroller may
  require.
    (c) Such report shall, with respect to amounts specified in  paragraph
  (c)  of  subdivision  one  of  section three hundred which are abandoned
  property, set forth:
    (i) the name and last known address, if any, of the person or  persons
  appearing  from  the records of such banking organization to be entitled
  to receive such abandoned property;
    (ii) a description of such abandoned  property  including  identifying
  numbers, if any, and the amount appearing from such records to be due or
  payable;
    (iii) the amount of any interest or other increment due thereon;
    (iv) the date such abandoned property was payable or demandable;
    (v) the amount and identifying number of any such instrument where the
  payee thereof is unknown to the banking organization; and
    (vi)  such  other identifying information as the state comptroller may
  require.
    (d) Such report shall, with respect to amounts specified in  paragraph
  (d)  of  subdivision  one  of  section three hundred which are abandoned
  property, set forth:
    (i) the name and last known address, if any, of the person or  persons
  appearing  from the records of such banking organization to be the owner
  of any such abandoned property;
    (ii) such other information as the state  comptroller  may  reasonably
  require.
    3.  Such  report  shall  be  in such form as the state comptroller may
  prescribe. All names of persons appearing in the section of such  report

relating  to  deposits,  appearing  to  be  the owners thereof, shall be
  listed in alphabetical order. Abandoned  property  other  than  deposits
  listed  in  such  report shall be classified in such manner as the state
  comptroller may prescribe, and names of persons appearing to be entitled
  to  such  abandoned  property  appearing  in such report shall be listed
  alphabetically within each such classification.
    4. In case any banking organization shall on the thirtieth day of June
  in any year neither hold nor owe any  abandoned  property  specified  in
  section  three  hundred,  it  shall on or before the tenth day of August
  next succeeding make a verified written report to the state  comptroller
  so stating.
    5.  Until  July  first, nineteen hundred fifty, the provisions of this
  section shall not apply to a credit union organized under  the  laws  of
  the United States.
    5-a. No banking organization in this state, organized under or subject
  to  the  provisions of section six hundred eleven of title twelve of the
  United States code, shall be  required  to  file  reports  of  abandoned
  property relating to any amounts received on or before the thirtieth day
  of  June,  nineteen  hundred  seventy-seven, unless, as of the effective
  date of this subdivision, such amounts remain recorded and shown in  the
  books  and  records  of  such  banking  organization  as  an outstanding
  obligation thereof.