Section 1215. Escheat

  If  the  rightful  owner  of  any  property in the
  possession, custody or control of the United  States  either  (a)  shall
  have  been or shall be unknown for seven consecutive years; or (b) shall
  have died or shall die  without  having  disposed  thereof  and  without
  having  left  or  without  leaving a will disposing thereof, and without
  leaving heirs, next-of-kin, or distributees; or (c) shall have abandoned
  or shall abandon such property, and either:
    (i) the last known address of such rightful owner, as it appears  from
  the records of the United States is in this state, or
    (ii)  there  is  no last known address for such rightful owner and the
  agency or instrumentality possessing, holding, controlling or owing such
  property is a corporation domiciled in this state; or
    (iii) there is no last known address  for  such  rightful  owner,  the
  agency or instrumentality possessing, holding, controlling or owing such
  property  is  not a corporation or is a corporation domiciled in a state
  other than New York which has no escheat or custodial  statute  relating
  to unclaimed or abandoned property and either
    1.  the  records showing the name of and amount due the rightful owner
  are in this state; or
    2. such property was paid to, deposited with or otherwise acquired  by
  the  United  States  in  this  state  or  as  the result of transactions
  occurring in this state; or
    3. such property is owed or came into being as the result  of  returns
  filed or other transactions occurring in this state; or
    4.  the  court, in its discretion, finds that such property has or had
  sufficient other contacts with this state;
  then such property, together  with  all  interest  or  other  increments
  accrued thereon, shall escheat to the state of New York.