New York unclaimed property: what to know
Updated
Coming soon. We currently file claims in California only. We are not offering New York claims yet.
New York's unclaimed property program is run by the state; its search is at osc.ny.gov/unclaimed-funds. If you use a finder (a paid recovery service), these rules apply.
Finder rules in New York
- A finder may charge at most 15% of the amount recovered (Abandoned Property Law section 1416).
- The finder agreement must be on the Office of the State Comptroller's form, signed, and witnessed and acknowledged by a notary public.
- The refund check is made payable to the claimant; the finder collects its fee from the owner afterwards.
How this compares with California
In California an investigator may charge up to 10%, only after the Controller pays, and may sign an agreement as soon as the Controller holds the property. The Controller pays the investigator's share directly.
Is your business in California, or was it ever? Check if it is owed money there.