New York § 1314 - 1314Unclaimed consumer credit balances
Full text of New York New York Consolidated Laws § 1314 — 1314Unclaimed consumer credit balances, with citation guidance and answers to common questions.
§ 1314. 1314Unclaimed consumer credit balances
§ 1314. Unclaimed consumer credit balances. 1. Any amounts transferable to the New York state department of audit and control pursuant to section seven hundred fifteen of the general business law, to be held pursuant to the provisions of the abandoned property law, shall be transferred to the state comptroller during the first fifteen days of the month of February immediately succeeding the thirty-first day of December in the year in which the three year period of retention prescribed in said section is concluded. 2. Such transfer of moneys shall be accompanied by a written report, affirmed as true and accurate under penalty of perjury, in such form as the state comptroller may prescribe.
Source: official New York text · Last verified 2026-08-27
Frequently Asked Questions About New York § 1314
What does New York Consolidated Laws § 1314 cover?
Section 1314 ("1314Unclaimed consumer credit balances") 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 § 1314?
A common citation format is "New York Consolidated Laws § 1314" (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 § 1314 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.