ยง 707. Reimbursement for claims paid by insurers. Any life insurance
corporation which has paid to the state comptroller moneys deemed
abandoned property pursuant to the provisions of this article may make
payment to any person entitled to all or any part thereof and shall
thereby acquire all of the rights of such person to payment by the state
comptroller.
Structure New York Laws
Article 7 - Unclaimed Life Insurance Funds
700 - Unclaimed Life Insurance Corporation Moneys.
702 - Publication of List of Abandoned Property.
703 - Payment of Abandoned Property.
704 - Life Insurance Departments of Savings and Insurance Banks.
706 - Payment of Abandoned Property After Liquidation by Superintendent of Financial Services.