New York Codes, Rules and Regulations
Title 2 - DEPARTMENT OF AUDIT AND CONTROL
Chapter IV - Miscellaneous Rules
Part 116 - Publication Of Notices Of Abandoned Property In Non-english Language Newspapers
Section 116.4 - Payment of publication

Universal Citation: 2 NY Comp Codes Rules and Regs ยง 116.4
Current through Register Vol. 46, No. 12, March 20, 2024

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.

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