New York Abandoned Property Law Section 600 - Unclaimed or unknown owner court funds.

  600.  Unclaimed  or  unknown  owner  court  funds. 1. The following
  unclaimed property shall be deemed abandoned property:
(a) Any moneys including  the  monetary  proceeds  from  the  sale  of
  tangible  personal  property and securities or other intangible property
  paid into court, which, except as provided in  section  ten  hundred  of
  this  chapter, shall have remained in the hands of any county treasurer,
  or the commissioner of finance of the city of New York, for three years,
  together with all accumulations of interest or other increment  thereon,
  less such legal fees as he may be entitled to.
(b)  The  monetary  proceeds  representing  any legacy or distribution
  share to which an unknown person is entitled, as  specified  in  section
  two  thousand  two hundred twenty-two of the surrogate's court procedure
  act.
(c) Any moneys paid to a support bureau of a  family  court,  for  the
  support  of  a spouse or child, which shall have remained in the custody
  of a county treasurer, or the commissioner of finance of the city of New
  York, for three years, together with any interest due thereon, less such
  legal fees as he may be entitled  to.  For  purposes  of  this  section,
  "family  court" includes the domestic relations court of the city of New
  York prior to the first day of September, nineteen hundred sixty-two.
2. Any abandoned property held or owing by a county treasurer  or  the
  commissioner  of  finance  of the city of New York to which the right to
  receive the same is established  to  the  satisfaction  of  such  county
  treasurer or commissioner of finance of the city of New York shall cease
  to be abandoned.
3.  Notwithstanding the provisions of this section, deposits made with
  a county treasurer or the commissioner of finance of  the  city  of  New
  York  pursuant to order of a court, made subsequent to the second day of
  April nineteen hundred fifty-two, for the benefit of a person who was an
  infant at the time of the making of such order, shall not be subject  to
  the  provisions  of  this  chapter  until such infant attains the age of
  eighteen years.

Last modified: February 3, 2019