N.Y. Comp. Codes R. & Regs. Tit. 2 § 101.1 - Property to be sold
All personal property delivered into the custody of the Division of State Police pursuant to article 7-B of the Personal Property Law and remaining therein unclaimed for the following waiting periods:
(a) Articles valued at $500 or less--six
months.
(b) Articles valued at more
than $500 but less than $5,000--one year.
(c) Articles valued at more than
$5,000--three years.
The term personal property shall not be deemed to include currency, negotiable instruments, documents constituting written evidence or ownership of debt, perishable property or worthless property.
Notes
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