Section 601. Publication of list of abandoned property

  1. On or before the
  first  day  of  February  in  each  year,  such  county treasurer or the
  commissioner of finance of the city  of  New  York  shall  cause  to  be
  published  a  notice  entitled: "NOTICE OF NAMES OF PERSONS APPEARING AS
  OWNERS OF CERTAIN UNCLAIMED PROPERTY HELD BY (title of officer)."
    2. Such notice shall be published once in two newspapers published  in
  the  county  where  such abandoned property is held, except that if such
  abandoned property is held by the commissioner of finance of the city of
  New York it shall be published once in two newspapers published daily in
  the city of New York, not more than one of which shall be  published  in
  any  one  county.  If  there is only one newspaper published in any such
  county, such notice shall be published in such newspaper, or,  if  there
  are  no  newspapers  published  in  such  county,  then  in  a newspaper
  published in  an  adjacent  county.  Such  publication  shall  be  in  a
  newspaper  printed  in the English language and any other newspaper that
  will  substantially  serve  to  inform  the  public  of  such  abandoned
  property. The comptroller shall promulgate rules to determine when it is
  appropriate to designate an additional publication.
    3.  Such  notice  shall  be  classified as the state comptroller shall
  prescribe and shall set forth:
    (a) the names and last-known addresses, in alphabetical order, of  all
  persons  appearing  to be entitled to any such abandoned property, as of
  the first day of January next preceding, amounting to fifty  dollars  or
  more,  except  the  names  of  persons  appearing  to  be  the owners of
  abandoned property which since such date has  ceased  to  be  abandoned.
  With  the  consent  of  the  state  comptroller, the name and last known
  address of any person may be omitted  from  such  notice  where  special
  circumstances make it desirable that such information be withheld;
    (b) such other information as the state comptroller may require; and
    (c) a statement
    (i)  that  a list of the names contained in such notice is on file and
  open to public inspection at the office of such officer;
    (ii) that such unclaimed moneys or other  property  will  be  paid  or
  delivered  by  him on or before the thirty-first day of March to persons
  establishing to his satisfaction their right to receive the same; and
    (iii) that in the succeeding month of April,  and  on  or  before  the
  tenth  day  thereof,  such  unclaimed  moneys  or  other  property still
  remaining will be paid or delivered to the state comptroller and that he
  shall thereupon cease to be liable therefor.
    4. Such county treasurer or commissioner of finance of the city of New
  York shall file with the state comptroller on or before the tenth day of
  February in each year proof by affidavit of such publication.