There is a newer version of the New York Laws
2022
2021 (you are here)
2020
2019
2018
Other previous versions
View our newest version here

2021 New York Laws
ABP - Abandoned Property
Article 3 - Unclaimed Property Held or Owing by Banking Organizations
304 - Unclaimed Property Held by the Superintendent of Financial Services After Liquidation.

Universal Citation: NY Aban Prop L § 304 (2021)
Previous Next 
§  304.  Unclaimed  property  held  by the superintendent of financial
  services after liquidation. 1. All amounts held by the superintendent of
  financial  services  as  trustee  for  the  owners  thereof  after   the
  completion  of  the voluntary or involuntary liquidation of the business
  and property of any banking organization or of the business and property
  in this state of any foreign banking corporation, as provided in section
  thirty of the banking law, which shall not have been  claimed  and  paid
  within  four  years  after receipt by the superintendent shall be deemed
  abandoned property.

2. Any such abandoned property held by the superintendent of financial
  services to which the right  to  receive  the  same  is  established  as
  provided  in  section  thirty-one  of  the banking law shall cease to be
  deemed abandoned.

Previous Next
Disclaimer: These codes may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.