New York § 503 - 503Report of abandoned property
Full text of New York New York Consolidated Laws § 503 — 503Report of abandoned property, with citation guidance and answers to common questions.
§ 503. 503Report of abandoned property
§ 503. Report of abandoned property. Each payment or delivery of abandoned property pursuant to section five hundred two shall be accompanied by a written report, affirmed as true and accurate under penalty of perjury, in such form as the state comptroller shall prescribe, setting forth: (a) The name and last known address, if any, of the person appearing to be entitled to such abandoned property; (b) A description of such abandoned property; (c) The number of shares represented or the face amount of the security; (d) The amount of any principal, dividend, interest or other increment due thereon; (e) The date such amount was demandable or payable; and (f) Such other identifying information as the state comptroller may require.
Source: official New York text · Last verified 2026-08-27
Frequently Asked Questions About New York § 503
What does New York Consolidated Laws § 503 cover?
Section 503 ("503Report of abandoned property") is part of the New York Consolidated Laws, the codified statutory law of New York. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New York § 503?
A common citation format is "New York Consolidated Laws § 503" (New York). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New York law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New York official source linked on this page or consult a licensed New York attorney.
How does New York § 503 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New York can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New York.