§ 304 — Unclaimed property held by the superintendent of financial services after liquidation

§ 304. Unclaimed property held by the superintendent of financial\nservices after liquidation. 1. All amounts held by the superintendent of\nfinancial services as trustee for the owners thereof after the\ncompletion of the voluntary or involuntary liquidation of the business\nand property of any banking organization or of the business and property\nin this state of any foreign banking corporation, as provided in section\nthirty of the banking law, which shall not have been claimed and paid\nwithin four years after receipt by the superintendent shall be deemed\nabandoned property.\n 2. Any such abandoned property held by the superintendent of financial\nservices to which the right to receive the same is established as\nprovided in section thirty-one of the banking law shall cease to be\ndeemed abandoned.\n