1416 – Restriction on Agreement to Locate And/or Retrieve Abandoned Property.
§ 1416. Restriction on agreement to locate and/or retrieve abandoned property. 1. For the purposes of this section, “abandoned property location services” shall include any service for a fee providing assistance to consumers for the purposes of locating and/or retrieving property held by the comptroller pursuant to this chapter. 2. This section shall apply to […]
1417 – Agreements With Other States.
§ 1417. Agreements with other states. 1. The state comptroller is authorized to enter into reciprocal agreements with appropriate officers or agencies of other states to effectuate the purposes of this chapter. 2. Reciprocal agreements entered into pursuant to this section may include within their terms: (a) agreement to receive and distribute abandoned property between […]
1418 – Property for New York Residents Held by Other States.
§ 1418. Property for New York residents held by other states. 1. All property heretofore or hereafter reported and paid to any other state pursuant to the provisions of such other state’s unclaimed property laws shall be deemed abandoned property subject to the provisions of this chapter if the last known address of the apparent […]
1419 – Reporting of Abandoned Property in the Aggregate.
§ 1419. Reporting of abandoned property in the aggregate. Notwithstanding any provision of this chapter to the contrary, the holder of property which must be reported and delivered to the state comptroller as abandoned property need not specify the name, address or other information identifying the owner of any such property amounting to twenty dollars […]
1420 – Property Held by Agricultural Cooperative Corporation.
§ 1420. Property held by agricultural cooperative corporations. 1. For the purposes of this section, “agricultural cooperative corporation” shall include any corporation organized or qualified to do business in this state pursuant to the cooperative corporations law, which is operated primarily for the benefit of producers of agricultural products, as such term is defined in […]
1421 – Property Held by Rural Electric Cooperatives.
§ 1421. Property held by rural electric cooperatives. 1. For the purposes of this section, “rural electric cooperatives” shall include any corporation organized or qualified to do business in this state pursuant to the rural electric cooperative law. 2. Notwithstanding any other provision of this chapter to the contrary, any share of stock, credit, dividend, […]
1422 – Mailing of Notice to Owners of Record.
§ 1422. Mailing of notice to owners of record. 1. Any holder of unclaimed funds which is not otherwise required to perform owner notification mailings under the provisions of this chapter shall send, not less than ninety days prior to the applicable reporting date for such unclaimed property, a written notice by first-class mail to […]
1500 – Laws Repealed.
§ 1500. Laws repealed. Of the laws enumerated in the schedule annexed to this chapter, that portion specified in the last column is hereby repealed.
1501 – Constitutionality.
§ 1501. Constitutionality. If any part, provision or section of this chapter, or the application of any such part, provision or section in any particular respect, shall be adjudged by any court of competent jurisdiction to be unconstitutional or ineffective in whole or in part, such judgment shall be confined in its operation to the […]
1502 – Effective Date.
§ 1502. Effective date. This chapter shall take effect June first, nineteen hundred forty-four.