N.Y. Estates, Powers & Trusts Law § 4-1.5: Other disqualifications

§ 4-1.5 Other disqualifications

No estate property, whether passing by intestacy or otherwise, which

has its situs in this state, shall pass to any other state or territory

of the United States, or to any foreign country or sovereignty in the

event of the absence of an individual heir, distributee, legatee or

owner of said property, but shall pass as abandoned property to the

state of New York, and shall be held as such property pursuant to the

abandoned property law.