Section 1312. Unclaimed amounts or securities held by foreign corporations not authorized to do business in the state of New York

 1.  Any  amounts
  or  securities  defined  as  abandoned property by articles three, four,
  five, five-a, seven and sections thirteen hundred one, thirteen  hundred
  thirteen,  thirteen hundred fifteen and thirteen hundred sixteen of this
  chapter, unclaimed for the periods of time prescribed in  such  articles
  and   sections  and  held  by  any  corporation,  banking  organization,
  insurance company, broker or dealer, utility, joint  stock  association,
  individual  engaged  in  the  conduct of business, association of two or
  more individuals, committee, business trust or any other entity, whether
  profit or non-for-profit, chartered or organized  in  another  state  or
  under the laws of another state and not authorized to do business in the
  state  of  New York, which are payable to or receivable by persons whose
  last known addresses on the records of such corporations  or  enumerated
  organizations  are  located within the state of New York shall be deemed
  abandoned property.
    2. Any such abandoned property held or owing by such a corporations or
  organizations to which the right to receive a  refund  of  the  same  is
  established  to  the  satisfaction of such corporations or organizations
  shall cease to be deemed abandoned.
    3.  Such abandoned property shall be paid or delivered  to  the  state
  comptroller  on  the  same  dates  and  in  the same manner as presently
  prescribed for such property by this chapter,  except  that  publication
  otherwise  required  by this chapter shall not be applicable to property
  deemed abandoned by virtue of this section.