New York Laws
Article 13 - Miscellaneous Unclaimed Property
1304 - Unclaimed Personal Property of Persons in Certain State Institutions.

(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 written
report, affirmed as true and accurate under penalty of perjury, 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.

Structure New York Laws