Statute · New York Personal Property Law

N.Y. Pers. Prop. Law § 257 — Title to lost property

N.Y. Pers. Prop. Law § 257

Type
Statute
Source
New York Personal Property Law
Jurisdiction
New York
Current through
Nov 4, 2026 (NY Senate Open Legislation)

§ 257. Title to lost property. 1. The title to lost property which has been deposited with the police shall vest in the finder, or other person entitled to assert the rights of the finder as provided in section two hundred fifty-six of this chapter, when the property is delivered to him in…

Citator

N.Y. Pers. Prop. Law § 257 — Title to lost property is in force in the current edition of the Code, and nothing recorded condemns it.

§ 257. Title to lost property. 1. The title to lost property which has been deposited with the police shall vest in the finder, or other person entitled to assert the rights of the finder as provided in section two hundred fifty-six of this chapter, when the property is delivered to him in accordance with section two hundred fifty-four of this chapter and shall vest in the buyer when the property is sold as provided in section two hundred fifty-three or two hundred fifty-four of this chapter.

2. If the finder of lost property under the value of ten dollars has made reasonable effort to find the owner and restore it to him, and has been unable to do so, the title to such property shall vest in the finder at the end of one year after the finding.