N.Y. Abandoned Property Law 1305 – Unclaimed surplus moneys after recovery of cost of public assistance and care
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§ 1305. Unclaimed surplus moneys after recovery of cost of public assistance and care.
Terms Used In N.Y. Abandoned Property Law 1305
- Affirmed: In the practice of the appellate courts, the decree or order is declared valid and will stand as rendered in the lower court.
Any amount comprising a balance credited to an estate or person pursuant to sections one hundred fifty-two-b or three hundred sixty of the social services law which, on June thirtieth in any year, has for four years from the date of such credit remained unclaimed by the estate or person entitled thereto shall be deemed abandoned property.
On or before the tenth day of September in each year every public welfare official shall pay such abandoned property to the state comptroller. Such payment shall be accompanied by a written report, affirmed as true and accurate under penalty of perjury, in such form as the state comptroller may prescribe.