Escheat in New York

Sources

N.Y. Aband. Prop. Law ? 1317

Recipient Office

Comptroller of the State of New York

Reporting

• Time Period: 3
• Due Diligence Amount: 0
• Due Diligence Dates: Not less than 90 days prior/ then again not less than 60 days prior for amounts over $1,000
• Aggregate Amount: 20
• Report Period: 1/1/-12/31
• Report Due Date: 3/10
• Negative Reporting: No

Dormancy Fee

Costs paid to the postal authorities by a holder to provide such written notice by certified mail, return receipt requested, may be deducted from the property as a service charge.

Web Site

http://www.osc.state.ny.us/ouf/index.htm

Cross-References

• New York
• Escheat