N.Y. Abandoned Property Law § 402: Publication of notice of abandoned property

§ 402. Publication of notice of abandoned property. 1. Every such

corporation or ESCO shall cause to be published, on or before the first

day of September in each year, a notice entitled: "NOTICE OF CERTAIN

UNCLAIMED PROPERTY HELD BY (name of corporation or ESCO)."

2. Such notice shall be published once in two newspapers published in

the county where such deposits, payments or payments to be refunded were

made. If there is only one newspaper published in any such county, such

notice shall be published in such newspaper. If there are no newspapers

published in such county, then such publication shall be 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 approved as to form by the state comptroller

and shall state:

(a) that a report of unclaimed amounts of money or other property held

or owing by it has been made to the state comptroller and that a list of

the names of the person or persons appearing from the records of such

corporation or ESCO to be entitled thereto is on file and open to public

inspection at its principal office or place of business in any city,

village or county where any such abandoned property is payable;

(b) that such deposits, payments and refunds, together with interest

due thereon and less lawful deductions, will be paid by it on or before

the succeeding thirtieth day of September to persons establishing to its

satisfaction their right to receive the same; and

(c) that in the succeeding month of October, and on or before the

tenth day thereof, such unclaimed deposits, payments and refunds,

together with interest due thereon and less lawful deductions, still

remaining will be paid to the state comptroller and that it shall

thereupon cease to be liable therefor.

4. Such corporation or ESCO shall file with the state comptroller on

or before the tenth day of September in each year proof by affidavit of

such publication.