When used in this article, the following terms shall have the following meanings:

Terms Used In N.Y. Abandoned Property Law 1214

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • United States: means any officer, agency, department or instrumentality of the United States of America, other than a court, and any corporation organized under its laws. See N.Y. Abandoned Property Law 1214

(a) “Property” includes, but is not limited to, money, rights to claim refunds or rebates, postal savings deposits, bonds, notes, certificates, policies of insurance, other instruments of value, choses in action, obligations whether written or unwritten, and any thing of value of any nature whatsoever.

(b) “United States” means any officer, agency, department or instrumentality of the United States of America, other than a court, and any corporation organized under its laws.