On Sep. 25, 2026, NY UNC PROP issued a notice to sales finance companies and insurance premium finance agencies regarding annual reporting deadlines.
Only NAUPA-formatted reports are accepted, all others will be rejected.
Refunds from sales finance company or insurance premium finance company must use NAUPA format property type MS29.
Lists items to keep in mind while preparing and submitting reports related to Employer Identification Numbers (EINs), starting transaction dates, extension requests, more.
On Oct. 16, NY UNC PROP issued instructions re unclaimed property.
NY UNC PROP recommended review of the Sales Finance Companies and Insurance Premium Finance Agencies Handbook to see what types of funds are covered.
Highlights
NY UNC PROP suggested review of handbook to determine the property covered this cycle under under Section 1313 of the Abandoned Property Law (APL), NY LEG 1-1313
Additionally, suggested referring to the Property Type Tables for more information.
Provides due dates for various tasks relating to unclaimed property with final report.
Including policy and owner details, remittance and checklist due by Oct. 10 each year.
Focuses on important details that have changed, including use of Code ZZZZ and using the NAUPA format for the report since that will be preferred format in 2025.
Deadlines
By Jun. 30 determine which accounts are dormant as reporting cut-off date.
Jul. 10th send a notice by first-class mail to all owners with a valid address.
Aug. 10 send a notice by certified mail to owners owed over $1,000 who did not respond to the first notice; Oct. 10 ensure final report is received by NY UNC PROP.
Sep. 2026 NY UNC PROP Notice
On Sep. 25, 2026, NY UNC PROP issued a notice to sales finance companies and insurance premium finance agencies regarding annual reporting deadlines.
Only NAUPA-formatted reports are accepted, all others will be rejected.
Refunds from sales finance company or insurance premium finance company must use NAUPA format property type MS29.
Lists items to keep in mind while preparing and submitting reports related to Employer Identification Numbers (EINs), starting transaction dates, extension requests, more.
Regulators
NY UNC PROP
Entity Types
CNSM; Ins; MSB; Servicer
Reference
PR, 9/25/2026; PR, Info, 10/16/2024; Citation: NY LEG 1-1313;
