State Codes and Statutes

Statutes > New-york > Stf > Article-5 > 62

§  62.  Replacement of lost certificates. The comptroller, who may act  through his duly authorized fiscal agent appointed pursuant  to  section  sixty-five  of  this  article,  may  issue  to  the  lawful owner of any  certificate or bond issued by him in behalf of this state, which  he  or  such  duly  authorized  fiscal agent is satisfied, by due proof filed in  his office or with such duly authorized fiscal agent, has been  lost  or  casually  destroyed,  a  new certificate or bond, corresponding in date,  number and amount with the certificate or bond so lost or destroyed, and  expressing on its face that it is a renewed certificate or bond. No such  renewed certificate or bond shall be issued unless  sufficient  security  is  given  to  satisfy  the  lawful  claim of any person to the original  certificate or bond, or to any interest therein. The  comptroller  shall  report  annually to the legislature the number and amount of all renewed  certificates or bonds so issued. If the renewed certificate is issued by  the state's duly authorized fiscal agent and such  agent  agrees  to  be  responsible  for  any loss suffered as a result of unauthorized payment,  the security shall be provided to and approved by the fiscal  agent  and  no  additional approval by the comptroller or the attorney general shall  be required.

State Codes and Statutes

Statutes > New-york > Stf > Article-5 > 62

§  62.  Replacement of lost certificates. The comptroller, who may act  through his duly authorized fiscal agent appointed pursuant  to  section  sixty-five  of  this  article,  may  issue  to  the  lawful owner of any  certificate or bond issued by him in behalf of this state, which  he  or  such  duly  authorized  fiscal agent is satisfied, by due proof filed in  his office or with such duly authorized fiscal agent, has been  lost  or  casually  destroyed,  a  new certificate or bond, corresponding in date,  number and amount with the certificate or bond so lost or destroyed, and  expressing on its face that it is a renewed certificate or bond. No such  renewed certificate or bond shall be issued unless  sufficient  security  is  given  to  satisfy  the  lawful  claim of any person to the original  certificate or bond, or to any interest therein. The  comptroller  shall  report  annually to the legislature the number and amount of all renewed  certificates or bonds so issued. If the renewed certificate is issued by  the state's duly authorized fiscal agent and such  agent  agrees  to  be  responsible  for  any loss suffered as a result of unauthorized payment,  the security shall be provided to and approved by the fiscal  agent  and  no  additional approval by the comptroller or the attorney general shall  be required.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Stf > Article-5 > 62

§  62.  Replacement of lost certificates. The comptroller, who may act  through his duly authorized fiscal agent appointed pursuant  to  section  sixty-five  of  this  article,  may  issue  to  the  lawful owner of any  certificate or bond issued by him in behalf of this state, which  he  or  such  duly  authorized  fiscal agent is satisfied, by due proof filed in  his office or with such duly authorized fiscal agent, has been  lost  or  casually  destroyed,  a  new certificate or bond, corresponding in date,  number and amount with the certificate or bond so lost or destroyed, and  expressing on its face that it is a renewed certificate or bond. No such  renewed certificate or bond shall be issued unless  sufficient  security  is  given  to  satisfy  the  lawful  claim of any person to the original  certificate or bond, or to any interest therein. The  comptroller  shall  report  annually to the legislature the number and amount of all renewed  certificates or bonds so issued. If the renewed certificate is issued by  the state's duly authorized fiscal agent and such  agent  agrees  to  be  responsible  for  any loss suffered as a result of unauthorized payment,  the security shall be provided to and approved by the fiscal  agent  and  no  additional approval by the comptroller or the attorney general shall  be required.