NY Exec L § 63-C (2021)
2021 New York Laws EXC - Executive Article 5 - Department of Law 63-C - Action by the People for Illegal Receipt or Disposition of Public Funds or Other Property.

§ 63-c. Action  by  the  people  for illegal receipt or disposition of   public funds or other property. 1. Where any money, funds,  credits,  or   other  property, held or owned by the state, or held or owned officially   or otherwise for  or  in  behalf  of  a  governmental  or  other  public   interest, by a domestic, municipal, or other public corporation, or by a   board,  officer, custodian, agency, or agent of the state, or of a city,   county, town, village or other  division,  subdivision,  department,  or   portion  of  the  state,  has  heretofore been, or is hereafter, without   right obtained, received,  converted,  or  disposed  of,  an  action  to   recover  the  same,  or  to recover damages or other compensation for so   obtaining, receiving, paying, converting, or disposing of the  same,  or   both,  may  be  maintained  by  the  state in any court of the state, or   before any court or tribunal of the  United  States,  or  of  any  other   state,  or  of  any  territory  of  the United States, or of any foreign   country, having jurisdiction thereof, although a right of action for the   same cause exists by law in some other public authority, and whether  an   action  therefor  in  favor  of the latter is or is not pending when the   action in favor of the state is commenced.  The  attorney-general  shall   commence  an action, suit or other judicial proceeding, as prescribed in   this section, whenever he deems it for the interests of the state so  to   do; or whenever he is so directed, in writing, by the governor.2.  Upon  the  commencement  by the state of any action, suit or other   judicial proceeding, as prescribed in this section, the entire cause  of   action,  including  the  title  to  the  money, funds, credits, or other   property, with respect to which the suit or action is  brought,  and  to   the  damages  or  other  compensation  recoverable  for  the  obtaining,   receipt, payment, conversion or disposition thereof, if  not  previously   so vested, is transferred to and becomes absolutely vested in the state.3.  Any court of the state in which an action is brought by the state,   as prescribed in  this  section,  may  direct,  by  the  final  judgment   therein,  or  by  a  subsequent  order,  that any money, funds, damages,   credits, or other property, recovered by or  awarded  to  the  plaintiff   therein,  which,  if  that  action  had not been brought, would not have   vested in the state, be disposed of, as  justice  requires,  in  such  a   manner  as to reinstate the lawful custody thereof, or to apply the same   or the proceeds thereof to the objects and purposes for which they  were   authorized  to  be  raised  or  procured;  after  paying  into the state   treasury out of the proceeds of the recovery all  expenses  incurred  by   the state in the action.4.  Any  corporation,  board, officer, custodian, agency, or agent, in   behalf  of  any  city,  county,  town,  village,  or   other   division,   subdivision,  department, or portion of the state, which was not a party   to an action, brought as prescribed in this section, and which claims to   be entitled to the custody or disposition of any of  the  money,  funds,   damages,  credits,  or  other  property, recovered by, or awarded to the   plaintiff, by the final judgment in the action, or any of  the  proceeds   thereof,  and  not  disposed  of as prescribed in subdivision three, may   bring a special proceeding against  the  attorney-general  at  any  time   after  the actual collection of the money and its payment into the state   treasury, or the actual receipt of the property by  the  state,  in  the   supreme  court,  county  of  Albany, seeking disposition of the money or   other property.5. Notwithstanding any other law to the  contrary,  including  without   limitation;  section  sixty-four of this article; the education law; the   retirement and social security law and the administrative  code  of  the   city  of  New  York,  the  portion of all money received by the attorney   general in connection with the settlement of an action  arising  out  of   the  management,  operation,  investments  of or otherwise in connection    with a retirement or other fund established pursuant  to  the  education   law,  the  retirement and social security law or the administrative code   of the city of New York attributable to the harm suffered by  such  fund   shall be deposited into such fund.