New York § 1307 Unclaimed proceeds from the sale of wrecked property

New York Statutes

§ 1307 — Unclaimed proceeds from the sale of wrecked property

New York § 1307

Law ABPAbandoned Property

Art. 13Miscellaneous Unclaimed Property

This text of New York § 1307 (Unclaimed proceeds from the sale of wrecked property) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.Y. Abandoned Property § 1307 (2026).

Text

§ 1307. Unclaimed proceeds from the sale of wrecked property.

1.Any\nproceeds, less lawful deductions, from a sale of wrecked property\npursuant to section one hundred thirty-eight of the navigation law,\nshall be deemed abandoned property.\n 2. Any proceeds, less lawful deductions, from a sale of perishable\nwrecked property, pursuant to the provisions of section one hundred\nthirty-one of the navigation law, held or owing by a county treasurer,\nwhich shall have remained unclaimed by the person entitled thereto for\none year from the date of such sale, shall be deemed abandoned property.\n 3. Any sheriff or county treasurer holding any such abandoned\nproperty, shall pay the same to the state comptroller immediately after\nsuch property shall have been deemed abandoned. Each such pa

Free access — add to your briefcase to read the full text and ask questions with AI

§ 1307. Unclaimed proceeds from the sale of wrecked property. 1. Any\nproceeds, less lawful deductions, from a sale of wrecked property\npursuant to section one hundred thirty-eight of the navigation law,\nshall be deemed abandoned property.\n 2. Any proceeds, less lawful deductions, from a sale of perishable\nwrecked property, pursuant to the provisions of section one hundred\nthirty-one of the navigation law, held or owing by a county treasurer,\nwhich shall have remained unclaimed by the person entitled thereto for\none year from the date of such sale, shall be deemed abandoned property.\n 3. Any sheriff or county treasurer holding any such abandoned\nproperty, shall pay the same to the state comptroller immediately after\nsuch property shall have been deemed abandoned. Each such payment shall\nbe accompanied by a written report, affirmed as true and accurate under\npenalty of perjury, which shall set forth such information as the state\ncomptroller may require.\n