2021 New York Laws
ABP - Abandoned Property
Article 13 - Miscellaneous Unclaimed Property
1308 - Unclaimed Wages.

Universal Citation: NY Aban Prop L § 1308 (2021)
§  1308.  Unclaimed  wages.    1.  Any  money received from or for the
account of an employer and held or owing by the department of labor  for
the  payment  of  compensation  for  services  theretofore  performed by
employees or  former  employees  of  such  employer,  which  shall  have
remained  unclaimed  by  such  employee  for  a period of one year after
receipt thereof by such department, shall be deemed abandoned property.
  2. On or before the first day of  May  in  each  year  the  industrial
commissioner  shall  pay over to the state comptroller for credit to the
abandoned property fund  all  such  property  which  shall  have  become
abandoned prior to the first day of the preceding month.
  3. Such payment to the comptroller shall be accompanied by a statement
setting forth:

(a) The name and last known address of each employee entitled to such abandoned property and the amount to which such employee is entitled.

(b) The name of the employer and his or its last known address.

(c) The period of employment during which such salary or wages accrued.

(d) Such other identifying information as the state comptroller may require.

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