§ 1002 — Publication of notice of abandoned property

New York § 1002

• Jurisdiction: New York
• Law ABP: Abandoned Property
• Art. 10: Unclaimed Condemnation Awards

Text

§ 1002. Publication of notice of abandoned property. 1. Every such\ncorporation shall cause to be published, on or before the first day of\nNovember in each year, once in a newspaper of general circulation in\neach county where a damaged parcel included in such report is located a\nnotice, approved as to form by the state comptroller, stating:\n (a) That a report of all awards in condemnation proceedings unclaimed\nfor more than three years has been made to the state comptroller and\nthat a copy thereof is on file and open to public inspection, if a\npublic corporation at the office of the chief fiscal officer thereof; or\nif not a public corporation at the principal office or place of business\nof such corporation;\n (b) That such awards, together with any interest due thereon and less\nlawful deductions, will be paid by it on or before the succeeding\nthirty-first day of January to persons establishing to its satisfaction\ntheir right to receive the same; and\n (c) That in the succeeding month of February, and on or before the\ntenth day thereof, such awards, together with any interest due thereon\nand less lawful deductions, still remaining will be paid to the state\ncomptroller and that it shall thereupon cease to be liable therefor.\n 2. Such corporation shall file with the state comptroller on or before\nthe tenth day of November proof by affidavit of such publication.\n