2021 New York Laws
ABP - Abandoned Property
Article 14 - General Provisions
1402 - Publication of Abandoned Property by State Comptroller.

Universal Citation: NY Aban Prop L § 1402 (2021)
§ 1402. Publication of abandoned property by state comptroller. 1. (a)
Notwithstanding  anything  to the contrary set forth in section fourteen
hundred one of this article, the comptroller shall maintain  on  his  or
her  website  in  a  readily searchable format, a list of such abandoned
property as has been paid or delivered to the  comptroller  that  has  a
value  of  over  twenty  dollars, for a period of twelve months prior to
April first, two thousand eleven, and any such abandoned property as has
been paid or delivered to the comptroller thereafter that has a value of
over twenty dollars, provided that when sixty or more months has  passed
after  such  property has been paid or delivered to the comptroller, the
comptroller shall not be required to post such property on  his  or  her
website  if  he or she does not deem it reasonable and appropriate to do
so.

(b) The provisions of this subdivision shall not apply to abandoned property paid pursuant to section one thousand three hundred of this chapter or section four hundred twenty-four of the vehicle and traffic law. 2. Such list shall be in such form and classified in such manner as the state comptroller shall determine and shall include:

(a) the names and last known addresses of all persons appearing from the records in the comptroller's office, as set forth in the report filed by the holder, to be entitled to receive such abandoned property exceeding twenty dollars in value; and

(b) such other information as the state comptroller may determine. 3. Such listing shall include a statement that: (a) information about the property and its return to the owner may be available to a person having a legal or beneficial interest in the property, upon request to the comptroller; and

(b) a public record is maintained in the office of the state comptroller of all abandoned property in accordance with section fourteen hundred one of this article; and that a claim for any such abandoned property should be filed with the state comptroller at his or her office in the city of Albany. 4. Notwithstanding the foregoing provisions of this section, the state comptroller may omit from such list the name and last known address of any person where special circumstances make it desirable that such information be withheld.

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