Legislation
SECTION 602
Payment of abandoned property
Abandoned Property (ABP) CHAPTER 1, ARTICLE 6
§ 602. Payment of abandoned property. 1. In such succeeding month of
April, and on or before the tenth day thereof, every county treasurer
and the commissioner of finance of the city of New York shall pay or
deliver to the state comptroller all abandoned property specified in
paragraph (a) of subdivision one of section six hundred, which was so
abandoned as of the first day of January next preceding.
2. Within thirty days after a decree as provided by section two
thousand two hundred twenty-two of the surrogate's court procedure act,
the executor, administrator, guardian or testamentary trustee shall pay
or deliver to the state comptroller all abandoned property specified in
paragraph (b) of subdivision one of section six hundred.
4. A payment or delivery of abandoned property required to be made
pursuant to subdivision one or subdivision three of this section may be
made without an order.
April, and on or before the tenth day thereof, every county treasurer
and the commissioner of finance of the city of New York shall pay or
deliver to the state comptroller all abandoned property specified in
paragraph (a) of subdivision one of section six hundred, which was so
abandoned as of the first day of January next preceding.
2. Within thirty days after a decree as provided by section two
thousand two hundred twenty-two of the surrogate's court procedure act,
the executor, administrator, guardian or testamentary trustee shall pay
or deliver to the state comptroller all abandoned property specified in
paragraph (b) of subdivision one of section six hundred.
4. A payment or delivery of abandoned property required to be made
pursuant to subdivision one or subdivision three of this section may be
made without an order.