2 CRR-NY 116.4NY-CRR
2 CRR-NY 116.4
2 CRR-NY 116.4
116.4 Payment of publication.
Section 1409 of the Abandoned Property Law provides that any amount paid by a person to a newspaper or newspapers for any publication of names as required by the Abandoned Property Law shall be charged pro rata against all abandoned property held or owing by such person at the time of such publication, except abandoned property of individual amounts of less than $50.
The publication required by the Abandoned Property Law, within the meaning of section 1409, is publication in an English language newspaper. Publication in a newspaper printed in a language other than English shall not be deemed a required publication within the meaning of section 1409, and the costs thereof shall be a charge against the holder.
2 CRR-NY 116.4
Current through August 31, 2022
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IMPORTANT NOTE REGARDING CONTENT CURRENCY: JULY 31, 2023, is the date of the most recently produced official NYCRR supplement covering this rule section. For later updates to this section, if any, please: consult editions of the NYS Register published after this date; or contact the NYS Department of State Division of Admisnistrative Rules at [email protected]. See Help for additional information on the currency of this unofficial version of the NYS Rules.