N.Y. General Business Law § 208: Disposition of proceeds of sale

§ 208. Disposition of proceeds of sale. Such keeper shall, out of the

proceeds of such sale, retain the amount of his lien or storage charges

and the expense of advertising and sale, and shall make an entry of the

articles sold, the amount received therefor, the amounts retained by him

as aforesaid, and if there be any surplus, he shall, within ten days

after such sale, upon demand, pay over such surplus to such guest,

boarder, roomer or person whose property was sold. In case such surplus

shall not be demanded and paid as aforesaid, within said ten days, then

within five days thereafter, such keeper shall pay said surplus to the

treasurer of the county or chamberlain or other chief fiscal officer of

the city in which such sale took place, and shall, at the same time,

file with said treasurer or chamberlain or other chief fiscal officer a

statement in writing containing the name and place of residence, so far

as they are known, of the guest, boarder, roomer or person whose goods,

baggage or chattel articles were sold, the articles sold and the price

at which they were sold, the name and address of the auctioneer making

the sale, and a copy of the notice published. Said treasurer,

chamberlain or other chief fiscal officer shall keep said surplus money

for and credit the same to the person named in said statement as such

guest, boarder, roomer or person, and shall pay the same to him or his

executors or administrators, upon demand, and upon furnishing

satisfactory evidence of identity to such treasurer, chamberlain or

other chief fiscal officer.