Statute · New York Estates, Powers & Trusts Law
N.Y. Est. Powers & Trusts Law § 4-1.5 — Other disqualifications
N.Y. Est. Powers & Trusts Law § 4-1.5
- Type
- Statute
- Source
- New York Estates, Powers & Trusts Law
- Jurisdiction
- New York
- Current through
- Nov 4, 2026 (NY Senate Open Legislation)
§ 4-1.5 Other disqualifications
Citator
N.Y. Est. Powers & Trusts Law § 4-1.5 — Other disqualifications is in force in the current edition of the Code, and nothing recorded condemns it.
§ 4-1.5 Other disqualifications
No estate property, whether passing by intestacy or otherwise, which has its situs in this state, shall pass to any other state or territory of the United States, or to any foreign country or sovereignty in the event of the absence of an individual heir, distributee, legatee or owner of said property, but shall pass as abandoned property to the state of New York, and shall be held as such property pursuant to the abandoned property law.