2013 New York Consolidated Laws
GBS - General Business
Article 26 - (390 - 399-ZZZ) MISCELLANEOUS
393-E - Sale of abandoned porperty location services.

 
    §  393-e.  Sale  of  abandoned  property location services. 1. For the
  purposes of this section, "abandoned property location  services"  shall
  include  any service for a fee providing assistance to consumers for the
  purposes of locating  and/or  retrieving  property  held  by  the  state
  comptroller pursuant to the abandoned property law.
    2.  Any  person, corporation, association, partnership or other entity
  which sells or offers to sell  in  this  state  any  abandoned  property
  location  services  shall,  in every solicitation and agreement for such
  services, provide to the purchaser the following notice in a  clear  and
  conspicuous  manner, and in at least twelve-point boldface type prior to
  the time of sale:
    "Abandoned funds held by the State can be obtained directly  from  the
  Office  of  the  State  Comptroller  by  the owner of such funds without
  paying a fee. These funds are held indefinitely by  the  Office  of  the
  State Comptroller. For more information, contact the Office of the State
  Comptroller  at  (insert the current telephone number established by the
  Office of the State Comptroller for receiving inquiries  from  consumers
  regarding unclaimed funds) or (insert the current address of the website
  of the Office of the State Comptroller)."