Abandoned Property - Escheat of Property Paid or Deposited In Federal Courts - Special proceeding for escheat


Published: 2014-09-22

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§ 1202. Special proceeding for escheat. Whenever it shall appear,
after investigation by the comptroller or otherwise, that there exists
or may exist escheated property under this article, the attorney-general
may institute a special proceeding in the name of the people of the
state of New York for an adjudication that an escheat to the state of
such property has occurred, and he shall take appropriate action to
recover such funds or property.