Laws of New York (Last Updated: November 21, 2014) |
ABP Abandoned Property |
Article 12. ESCHEAT OF PROPERTY PAID OR DEPOSITED IN FEDERAL COURTS |
Section 1202. Special proceeding for escheat
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Whenever it shall appear, after investigation by the comptroller or otherwise, that there exists or may exist escheated property under this article, the attorney-general may institute a special proceeding in the name of the people of the state of New York for an adjudication that an escheat to the state of such property has occurred, and he shall take appropriate action to recover such funds or property.