New York Abandoned Property Law

Sec. § 1305
Unclaimed Surplus Moneys After Recovery of Cost of Public Assistance and Care

§ 1305. Unclaimed surplus moneys after recovery of cost of public assistance and care. Any amount comprising a balance credited to an estate or person pursuant to sections one hundred fifty-two-b or three hundred sixty of the social services law which, on June thirtieth in any year, has for four years from the date of such credit remained unclaimed by the estate or person entitled thereto shall be deemed abandoned property. On or before the tenth day of September in each year every public welfare official shall pay such abandoned property to the state comptroller. Such payment shall be accompanied by a written report, affirmed as true and accurate under penalty of perjury, in such form as the state comptroller may prescribe.

Last accessed
Dec. 13, 2016