Section 1402. Publication of abandoned property by state comptroller  


Latest version.
  •  1. (a)
      The state comptroller shall publish:
        (i)  in  an  issue  of  the  state  bulletin published in the month of
      September, nineteen hundred seventy-nine or  in  a  September,  nineteen
      hundred  seventy-nine  issue  of  another  publication  selected  by the
      comptroller, a statement of abandoned property paid to and held  by  the
      state   for  the  period  beginning  on  June  first,  nineteen  hundred
      seventy-eight  and  ending  on  November  thirtieth,  nineteen   hundred
      seventy-eight;
        (ii)  in  an  issue  of  the  state bulletin published in the month of
      March,  nineteen  hundred  eighty,  or  in  a  March  issue  of  another
      publication  selected  by  the  comptroller,  a  statement  of abandoned
      property paid to and held by the  state  for  the  period  beginning  on
      December  first,  nineteen  hundred  seventy-eight  and  ending  on  May
      thirty-first, nineteen hundred seventy-nine.
        (b) In each succeeding September  and  March,  the  state  comptroller
      shall  publish,  in  the  manner  provided  for in paragraph (a) of this
      subdivision, for the  respective  annual  periods  June  first,  through
      November thirtieth and December first, through May thirty-first.
        (c)  The  provisions  of this subdivision shall not apply to abandoned
      property paid pursuant to section one thousand  three  hundred  of  this
      chapter  or  section four hundred twenty-four of the vehicle and traffic
      law.
        2. Such statement shall be in such form and classified in such  manner
      as  the  state comptroller shall determine, except that names of persons
      appearing to be entitled to any such abandoned property shall be  listed
      in alphabetical order within each such classification.
        3. Such statement shall set forth:
        (a)  The  names and last known addresses of all persons appearing from
      the records in the comptroller's office to be entitled to  receive  such
      abandoned  property  consisting of money not less than twenty dollars in
      amount;
        (b) The names and last known addresses of all persons  appearing  from
      the  records  in the comptroller's office to be entitled to receive such
      abandoned property consisting of personal property other than money  and
      which  the  state  comptroller  shall not have determined as provided in
      section fourteen hundred three to be valueless or of such  little  value
      that  a  sale  thereof  would  cost  in  excess of the probable proceeds
      therefrom;
        (c) Where any such abandoned property consisted of  personal  property
      other than money and was converted into money pursuant to the provisions
      of  section  fourteen  hundred  three,  and such money amounts to twenty
      dollars or more, the names and  last  known  addresses  of  the  persons
      appearing from the records in the comptroller's office to be entitled to
      receive the same;
        (d) Such other information as the state comptroller may determine; and
        (e) A statement
        (i)  that  a  public  record  is maintained in the office of the state
      comptroller  of  all  abandoned  property  in  accordance  with  section
      fourteen hundred one of this chapter; and
        (ii) that a claim for any such abandoned property should be filed with
      the state comptroller at his office in the city of Albany or established
      as provided in section fourteen hundred six of this chapter.
        4. Notwithstanding the foregoing provisions of this section, the state
      comptroller may omit from such statement the name and last known address
      of  any  person  where special circumstances make it desirable that such
      information be withheld.