New York Codes, Rules and Regulations
Title 2 - DEPARTMENT OF AUDIT AND CONTROL
Chapter I - Audit Of Revenues And Accounts Payable From State Funds And Funds Under Its Control
Part 14 - Revenues And Refunds
Section 14.4 - Unpaid checks outstanding more than one year
Universal Citation: 2 NY Comp Codes Rules and Regs ยง 14.4
Current through Register Vol. 45, No. 52, December 27, 2023
The amounts of all checks on bank accounts of any funds of the State which have been outstanding for more than one year from the respective dates thereof shall be paid into the Abandoned Property Fund pursuant to Abandoned Property Law, section 1315(4). The proper disbursing officers or agents of such funds shall notify the banks on which such checks were drawn to stop payment thereon (State Finance Law, §102 ) and shall follow all proper procedures in accordance with the New York State Accounting System User Procedures Manual, volume XI, section 7.0500.
Disclaimer: These regulations may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
