N.Y. Abandoned Property Law § 1213: Purpose and policy

§ 1213. Purpose and policy. It is the purpose of this article to

extend the declared policy of the state with respect to unclaimed or

abandoned property to all such property in the possession, custody or

control of the United States of America, its officers, agencies,

departments, instrumentalities and corporations. Article twelve of the

abandoned property law provides for the escheat of such property paid

into or deposited in courts of the United States. This article provides

for the escheat of all unclaimed or abandoned property, of whatever kind

or nature, in the possession, custody or control of all other federal

authorities, bodies or corporations and shall be liberally construed to

accomplish such purpose.