N.Y. Abandoned Property Law § 703: Payment of abandoned property

§ 703. Payment of abandoned property. 1. In such succeeding month of

September, and on or before the succeeding tenth day thereof, every such

life insurance corporation shall pay to the state comptroller all

property which, as of the first day of January next preceding, was

deemed abandoned pursuant to section seven hundred of this article, held

or owing by such life insurance corporation.

2. Such payment shall be accompanied by a true and accurate report

setting forth such information as the state comptroller may require

relative to such abandoned property including:

(a) the name and last known address of any person or persons appearing

from the records of such life insurance corporation to be entitled to

receive any such abandoned property;

(b) the amount appearing from the records of such corporation to be

due;

(c) the policy number and policy age of the insured;

(d) the date such abandoned property was payable;

(e) the names and last known addresses of each beneficiary appearing

in the records of the insurer; and

(f) such other identifying information as the state comptroller may

require.

3. Such report shall be in such form and the abandoned property listed

shall be classified in such manner as the state comptroller may

prescribe. Names of persons appearing to be entitled to such property or

of beneficiaries appearing in such report shall be listed in

alphabetical order within each such classification.