Statute · New York Abandoned Property Law
N.Y. Aband. Prop. Law § 504 — Reimbursement for property paid or delivered
N.Y. Aband. Prop. Law § 504
- Type
- Statute
- Source
- New York Abandoned Property Law
- Jurisdiction
- New York
- Current through
- Nov 4, 2026 (NY Senate Open Legislation)
§ 504. Reimbursement for property paid or delivered. A domestic or foreign corporation or public corporation or a fiduciary which has paid or delivered to the state comptroller abandoned property pursuant to section five hundred two may make payment to the person entitled thereto, and may file…
Citator
N.Y. Aband. Prop. Law § 504 — Reimbursement for property paid or delivered is in force in the current edition of the Code, and nothing recorded condemns it.
§ 504. Reimbursement for property paid or delivered. A domestic or foreign corporation or public corporation or a fiduciary which has paid or delivered to the state comptroller abandoned property pursuant to section five hundred two may make payment to the person entitled thereto, and may file claim for reimbursement for such payment by the state comptroller, who shall, upon satisfactory proof of such payment and after audit, reimburse such domestic or foreign corporation or public corporation or fiduciary. In no event, however, shall such reimbursement exceed the amount to which the claimant is entitled pursuant to subdivision two of section fourteen hundred three of this chapter.