N.Y. Abandoned Property Law § 504: Reimbursement for property paid or delivered

§ 504. Reimbursement for property paid or delivered. A domestic or

foreign corporation or public corporation or a fiduciary which has paid

or delivered to the state comptroller abandoned property pursuant to

section five hundred two may make payment to the person entitled

thereto, and may file claim for reimbursement for such payment by the

state comptroller, who shall, upon satisfactory proof of such payment

and after audit, reimburse such domestic or foreign corporation or

public corporation or fiduciary. In no event, however, shall such

reimbursement exceed the amount to which the claimant is entitled

pursuant to subdivision two of section fourteen hundred three of this

chapter.