N.Y. Comp. Codes R. & Regs. tit. 2, § 118.2 – Hearings; how instituted.

(a) Upon the failure of any holder of abandoned property to fully and completely report and pay or deliver such property to the State Comptroller pursuant to the Abandoned Property Law, the Comptroller shall issue a determination of abandoned property due and owing. Such determination shall be served by certified mail upon the person failing to report and pay or deliver, or such person's legally authorized representative, at the last known business address or residence.
(b) If a full and complete report and payment or delivery is not made by such person within 30 days following the receipt of the determination, then the Comptroller shall cause to be served, by certified mail, a notice of hearing upon such person or his legally authorized representative. Such notice of hearing shall include:
1. (1) a statement of the time, place and nature of the hearing;
2. (2) a statement of the legal authority and jurisdiction under which the hearing is to be held;
3. (3) a reference to the particular statute or statutes involved; and
4. (4) a statement of the matters asserted which, for purposes of this regulation, shall include, but not be limited to, attaching a copy of the determination to said notice of hearing.