There is a newer version
of
the New York Laws
2018 New York Laws
PBL - Public Lands
Article 6 - Grants of Lands Under Water
76 - Surrender of Grant.
Universal Citation: NY Pub Lands L § 76 (2018)
§ 76. Surrender of grant. A grantee or his successor in interest, may at his option surrender to the state, without consideration or for a compensation to be determined by the commissioner, the lands under water theretofore granted to him or any part thereof, by filing with the commissioner a certificate duly executed and acknowledged, declaring his intention of such surrender and containing a description of the lands surrendered, subject to the acceptance of such surrender by the commissioner; and such surrender when so accepted shall be without prejudice to an application for a new grant upon such terms and conditions as the commissioner may determine.
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