New York Codes, Rules and Regulations
Title 2 - DEPARTMENT OF AUDIT AND CONTROL
Chapter IV - Miscellaneous Rules
Part 118 - Rules And Regulations For The Scheduling, Adjourning And Conduct Of Administrative Hearings Relating To Compliance With The Abandoned Property Law
Section 118.1 - Background

Current through Register Vol. 46, No. 12, March 20, 2024

WHEREAS, Section 301(3) of the State Administrative Procedure Act, as added by chapter 1059 of the Laws of 1981, directs that administrative agencies shall adopt rules and regulations governing the procedures to be followed in adjudicatory proceedings and appeals; and

WHEREAS, Section 1412 of the Abandoned Property Law authorizes the Comptroller, or a person designated by him, to convene an administrative hearing to certify an amount due and owing from a holder of abandoned property pursuant to the provisions of the Abandoned Property Law; and

WHEREAS, Section 1414 of the Abandoned Property Law authorizes the Comptroller to promulgate such rules and regulations as he may deem necessary to enforce the provisions of the Abandoned Property Law, it is, therefore, hereby:

Determined that the following rules and regulations be promulgated to establish the procedures to be followed for the conduct of administrative hearings as authorized by section 1412 of the Abandoned Property Law.

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