State Codes and Statutes

Statutes > New-york > Abp > Article-7 > 701

§ 701. Annual report of abandoned property.  1. On or before the first  day  of April in each year every life insurance corporation shall make a  verified written report to the state comptroller, which shall contain  a  true  and  accurate  statement,  as  of  the  first  day of January next  preceding, of all abandoned property specified in section seven hundred,  held or owing by it.    2. Such report shall set forth:    (a) The name and last known address of any person or persons appearing  from the records of such life insurance corporation to  be  entitled  to  receive any such abandoned property;    (b)  The  amount  appearing from the records of such corporation to be  due;    (c) The policy number and policy age of the insured;    (d) The date such abandoned property was payable;    (e) The names and last known addresses of each  beneficiary  appearing  in the records of the insurer; and    (f)  Such  other  identifying information as the state comptroller may  require.    3. Such report shall be in such form and the abandoned property listed  shall be  classified  in  such  manner  as  the  state  comptroller  may  prescribe. Names of persons appearing to be entitled to such property or  of   beneficiaries   appearing   in  such  report  shall  be  listed  in  alphabetical order within each such classification.    4. In case any life insurance corporation shall on the  first  day  of  January  in  any  year  neither  hold  nor  owe  any  abandoned property  specified in section seven hundred, it shall on or before the first  day  of  April  next  succeeding  make a verified written report to the state  comptroller so stating.

State Codes and Statutes

Statutes > New-york > Abp > Article-7 > 701

§ 701. Annual report of abandoned property.  1. On or before the first  day  of April in each year every life insurance corporation shall make a  verified written report to the state comptroller, which shall contain  a  true  and  accurate  statement,  as  of  the  first  day of January next  preceding, of all abandoned property specified in section seven hundred,  held or owing by it.    2. Such report shall set forth:    (a) The name and last known address of any person or persons appearing  from the records of such life insurance corporation to  be  entitled  to  receive any such abandoned property;    (b)  The  amount  appearing from the records of such corporation to be  due;    (c) The policy number and policy age of the insured;    (d) The date such abandoned property was payable;    (e) The names and last known addresses of each  beneficiary  appearing  in the records of the insurer; and    (f)  Such  other  identifying information as the state comptroller may  require.    3. Such report shall be in such form and the abandoned property listed  shall be  classified  in  such  manner  as  the  state  comptroller  may  prescribe. Names of persons appearing to be entitled to such property or  of   beneficiaries   appearing   in  such  report  shall  be  listed  in  alphabetical order within each such classification.    4. In case any life insurance corporation shall on the  first  day  of  January  in  any  year  neither  hold  nor  owe  any  abandoned property  specified in section seven hundred, it shall on or before the first  day  of  April  next  succeeding  make a verified written report to the state  comptroller so stating.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Abp > Article-7 > 701

§ 701. Annual report of abandoned property.  1. On or before the first  day  of April in each year every life insurance corporation shall make a  verified written report to the state comptroller, which shall contain  a  true  and  accurate  statement,  as  of  the  first  day of January next  preceding, of all abandoned property specified in section seven hundred,  held or owing by it.    2. Such report shall set forth:    (a) The name and last known address of any person or persons appearing  from the records of such life insurance corporation to  be  entitled  to  receive any such abandoned property;    (b)  The  amount  appearing from the records of such corporation to be  due;    (c) The policy number and policy age of the insured;    (d) The date such abandoned property was payable;    (e) The names and last known addresses of each  beneficiary  appearing  in the records of the insurer; and    (f)  Such  other  identifying information as the state comptroller may  require.    3. Such report shall be in such form and the abandoned property listed  shall be  classified  in  such  manner  as  the  state  comptroller  may  prescribe. Names of persons appearing to be entitled to such property or  of   beneficiaries   appearing   in  such  report  shall  be  listed  in  alphabetical order within each such classification.    4. In case any life insurance corporation shall on the  first  day  of  January  in  any  year  neither  hold  nor  owe  any  abandoned property  specified in section seven hundred, it shall on or before the first  day  of  April  next  succeeding  make a verified written report to the state  comptroller so stating.