Section 1304. Unclaimed personal property of persons in certain state institutions

  1. The following unclaimed property belonging or credited
  to a discharged, deceased or escaped person in an institution under  the
  jurisdiction  of  the  department  of social services, the department of
  health, the department of mental hygiene, the executive  department,  or
  the  department  of  correctional  services  shall  be  deemed abandoned
  property:
    (a)  Any  moneys  or  intangible  personal  property  which  has  been
  inventoried  pursuant  to  section one hundred twenty-eight of the state
  finance law, and
    (b) Any proceeds, less lawful deductions,  from  a  sale  of  tangible
  personal  property,  other  than  money, pursuant to section one hundred
  twenty-eight of the state finance law.
    2. Any such abandoned property shall be paid or delivered forthwith to
  the state comptroller. Such payment shall be accompanied by  a  verified
  written  report  setting forth such identifying information as the state
  comptroller may require.
    3. The rights of any such discharged, deceased or escaped person in or
  to any unclaimed passbook, negotiable instrument or  other  evidence  of
  indebtedness or ownership delivered to the state comptroller pursuant to
  this section shall pass to the state comptroller as custodian under this
  chapter.