State Codes and Statutes
Statutes > New-york > Stf > Article-7 > 102§ 102. Amounts of unpaid checks to be paid into abandoned property fund. Upon audit and statement of the comptroller, the amounts of all checks or drafts on bank accounts of any funds of the state which checks or drafts have not been paid and which shall have been outstanding for more than one year from the respective dates thereof, shall be paid into the abandoned property fund pursuant to subdivision four of section one thousand three hundred fifteen of the abandoned property law. The proper disbursing officers or agents of such funds shall notify the bank or banks on which such checks or drafts were drawn not to pay the same. The comptroller shall keep a record of all such checks or drafts and upon presentation to him by the lawful holder of any such check or draft at any time, the amount of which shall thus have been paid into the state treasury to the credit of the general fund, the comptroller, to the extent appropriations are available, shall issue a new check or draft to the payee upon submission of proof satisfactory to the comptroller as to the legitimacy of the claim and, if insufficient appropriations are available, shall include in his next request for appropriations by the legislature the amount or amounts of any such checks or drafts so presented to him, for the purpose of payment without interest to the lawful holder or holders thereof.
