2023 New York Laws › ABP - Abandoned Property › Article 3 - Unclaimed Property Held or Owing by Banking Organizations › 302 - Publication of List of Abandoned Property.

§  302.  Publication  of  list of abandoned property. 1. Every banking
organization shall cause to be published, on or before the first day  of
September  in  each year, a notice entitled: "NOTICE OF NAMES OF PERSONS
APPEARING AS OWNERS OF CERTAIN  UNCLAIMED  PROPERTY  HELD  BY  (name  of
banking organization)."
2.  Such  notice  shall  be  published  once in at least one newspaper
published in the city  or  village  where  such  abandoned  property  is
payable,  provided,  however, that if such abandoned property is payable
in the city of New York,  such  publication  shall  be  in  a  newspaper
published  in  the  county  where such abandoned property is payable. If
there are no newspapers published in such city  or  village,  then  such
publication  shall  be in a newspaper published in the county where such
abandoned property is payable. If there are no newspapers  published  in
such county publication shall be in a newspaper published in an adjacent
county.  Such publication shall be in a newspaper printed in the English
language and any other newspaper that will substantially serve to inform
the public of such abandoned property. The comptroller shall  promulgate
rules  to  determine  when  it is appropriate to designate an additional
publication.
3. Such notice shall set forth:
(a) the names and last-known addresses, which were in such report,  of
all  persons  appearing  to  be  entitled to any such abandoned property
amounting to fifty dollars or more; provided,  however,  that  with  the
consent  of the state comptroller the name and last-known address of any
person may be omitted from such notice where special circumstances  make
it  desirable  that  such  information  be withheld. Such names shall be
listed in alphabetical order. If, however, such banking organization has
reported abandoned property payable in more than one city or village or,
in the case of the city of New York, more than  one  county,  the  names
shall be listed alphabetically for each such city, village or county and
such  notice shall include only the names of the persons appearing to be
entitled to abandoned property payable in such city, village or county;
(b) such other information as the state comptroller may require; and
(c) a statement
(i) that a report of unclaimed amounts of money or other property held
or owing by it has been made to the state comptroller and that a list of
the names contained in such  notice  is  on  file  and  open  to  public
inspection  at the principal office or place of business of such banking
organization in any city, village or county  where  any  such  abandoned
property is payable;
(ii)  that  such  unclaimed  moneys  or other property will be paid or
delivered by it on or before the succeeding thirty-first day of  October
to  persons  establishing to its satisfaction their right to receive the
same; and
(iii) that in the succeeding month of November, and on or  before  the
tenth  day  thereof,  such  unclaimed  moneys  or  other  property still
remaining will be paid or delivered to the state comptroller and that it
shall thereupon cease to be liable therefor.
4. Such banking organization shall file with the state comptroller  on
or  before the tenth day of September in each year proof by affidavit of
such publication.