Sentences with phrase «unclaimed funds under»
Under the law, corporations, banks, insurance companies, brokerages and other businesses in New York are required to transfer abandoned money or securities to the state comptroller's Office of Unclaimed Funds under a process called escheatment (a word with origins in English feudal law).
http://www.syracuse.com/ Not exact matches
A share of unclaimed bottle deposits would be swept into the state's Environmental Protection Fund under a bill awaiting Cuomo's signature.
Under the plan, the money comes from the unclaimed deposits fund that the Comptroller controls, and DiNapoli says he has some concerns with that.
Under state law, a business after three years must report and forward unclaimed funds to state Comptroller Tom DiNapoli's office for safekeeping.