2021 New York Laws
ABP - Abandoned Property
Article 10 - Unclaimed Condemnation Awards
1000 - Unclaimed Condemnation Awards.

§ 1000. Unclaimed condemnation awards. 1. (a) Any moneys held or owing
for  the  payment  of  an  award  made  by  a  court in any condemnation
proceeding and payable by a  public  corporation  or  other  corporation
possessing  powers  of condemnation, which shall have remained unclaimed
by the person or persons appearing to  be  entitled  thereto  for  three
years  after  confirmation  by the court, together with any interest due
thereon, less, when an award is payable by  a  public  corporation,  any
amount due such public corporation at the time of title vesting for tax,
water  or any other liens on the same parcel the award was for, with any
interest due thereon, and any amount due such public corporation at  the
time  of  title  vesting  or  at  the time of confirmation, whichever is
later, for an assessment on the same parcel the award was for, with  any
interest  due  thereon,  shall  be  deemed  abandoned  property.  In any
condemnation proceedings in which the  court  shall  have  not  made  an
award,  any moneys paid into court, including interest thereon, shall be
subject to the provisions of  article  six  of  this  chapter  and  this
section shall have no application thereto.
  (b)  The  issuance of a warrant for such an award shall not prevent an
award from being deemed abandoned property if such warrant is  unclaimed
three years after confirmation of such award by the court.
  2.  Any such abandoned property held or owing by such a corporation to
which the right to receive the same is established to  the  satisfaction
of such corporation shall cease to be deemed abandoned.