N.Y. Comp. Codes R. & Regs. tit. 2 § 119.2

Current through Register Vol. 46, No. 50, December 11, 2024

Section 119.2 - Notice of hearings

(a) After receipt of a timely written demand for a hearing and redetermination of a claim for refund of abandoned property, the Bureau of Unclaimed Funds shall notify the claimant or, in the event the claimant is represented by counsel, the claimant's counsel, of the date a hearing on the claim will be held. The hearing shall be scheduled within a reasonable time following the receipt of such timely written demand.

(b) All notices of hearings shall specifically and plainly state the following:

(1) the time, place and date of the hearing;

(2) the purpose of the hearing;

(3) the right of the claimant to be represented by counsel;

(4) the procedure for obtaining an adjournment and its consequences; and

(5) the consequences of the claimant's failure to appear at a scheduled hearing.

(c) The notice shall be accompanied by a designation by the Comptroller of a hearing officer pursuant to section 1406 of the Abandoned Property Law. The seal of the Comptroller shall be affixed to such designation.

(d) The notice and designation shall be mailed to the claimant by certified mail and to his or her counsel or other authorized representative not less than three weeks before the date of the scheduled hearing.

N.Y. Comp. Codes R. & Regs. Tit. 2 § 119.2