N.Y. State Finance Law § 128: Disposition of unclaimed personal property

§ 128. Disposition of unclaimed personal property. 1. Any personal

property, and any interest or increments accruing thereon, belonging or

credited to a person in any institution under the jurisdiction of the

office of children and family services, the department of health, the

department of mental hygiene, the executive department, or the

department of corrections and community supervision who shall have been

discharged from such institution or who shall have died or escaped

before discharge or before termination of sentence, which is in the

custody of the proper officer of such institution, shall, if unclaimed

by such discharged or escaped person or by the legal representative of

such deceased person for a period of six months after the discharge,

decease or escape of such person, be fully inventoried and a copy of

such inventory shall be filed with the commissioner of such department

having jurisdiction over such institution and with the state

comptroller.

2. Any such personal property consisting of money or intangible

property shall be paid or delivered forthwith, by such officer, to the

state comptroller pursuant to the provisions of section thirteen hundred

four of the abandoned property law.

3. Such commissioner shall cause any such property consisting of

tangible personal property, other than money, except such property as

such commissioner may determine to be valueless or of such little value

that the probable proceeds of a sale thereof would be less than the cost

of such sale, which property may be ordered destroyed by such

commissioner, to be sold at public or private sale as determined by such

commissioner, and the proceeds from such sale, less the expenses of such

sale, including the costs of any advertising, shall be paid to the state

comptroller pursuant to the provisions of section thirteen hundred four

of the abandoned property law.