There is a newer version
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the New York Laws
2021 New York Laws
ABP - Abandoned Property
Article 7 - Unclaimed Life Insurance Funds
707 - Reimbursement for Claims Paid by Insurers.
Universal Citation: NY Aban Prop L § 707 (2021)
§ 707. Reimbursement for claims paid by insurers. Any life insurance corporation which has paid to the state comptroller moneys deemed abandoned property pursuant to the provisions of this article may make payment to any person entitled to all or any part thereof and shall thereby acquire all of the rights of such person to payment by the state comptroller.
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