New York Statutes

§ 31 — Index of persons entitled to unclaimed amounts; payment to persons entitled; deduction of service charge

New York·Law BNK Banking·Art. 2 Department of Financial Services; Superintendent of Financial Services; Supervisory and Regulatory Powers
§ 31. Index of persons entitled to unclaimed amounts; payment to\npersons entitled; deduction of service charge. An index shall be kept in\nthe office of the department of the names of all persons for whom the\nsuperintendent holds in trust any unclaimed amounts. The superintendent\nmay pay over any such amount which he holds in trust amounting to over\nthree dollars to any person who shall show by evidence satisfactory to\nthe superintendent that he is lawfully entitled to receive it. In cases\nof doubt or conflicting claims, he may require of the claimant an order\nof the supreme court authorizing and directing the payment thereof. The\nsuperintendent shall be held harmless and shall not be liable to any\nsubsequent claimant for any payment made by him in good faith. The\nsuperintende

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