N.Y. Abandoned Property Law § 1304: Unclaimed personal property of persons in certain state institutions

§ 1304. Unclaimed personal property of persons in certain state

institutions. 1. The following unclaimed property belonging or credited

to a discharged, deceased or escaped person in an institution under the

jurisdiction of the department of social services, the department of

health, the department of mental hygiene, the executive department, or

the department of corrections and community supervision shall be deemed

abandoned property:

(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.