§ 304. Unclaimed property held by the superintendent of financial
services after liquidation. 1. All amounts held by the superintendent of
financial services as trustee for the owners thereof after the
completion of the voluntary or involuntary liquidation of the business
and property of any banking organization or of the business and property
in this state of any foreign banking corporation, as provided in section
thirty of the banking law, which shall not have been claimed and paid
within four years after receipt by the superintendent shall be deemed
abandoned property.

2. Any such abandoned property held by the superintendent of financial
services to which the right to receive the same is established as
provided in section thirty-one of the banking law shall cease to be
deemed abandoned.