State v. Seventh Regiment Fund, Inc.

—Order, Supreme *322Court, New York County (Leland DeGrasse, J.), entered April 13, 2000, granting defendant’s motion for summary judgment dismissing the complaint as time-barred, unanimously affirmed, without costs.

In light of plaintiffs allegations that the 1952 transfer of valuable inter vivos gifts received by the Seventh Regiment to defendant was unauthorized and unlawful, the IAS court correctly determined that plaintiff State’s cause of action accrued at the time of the transfer (see, Solomon R. Guggenheim Found. v Luhell, 77 NY2d 311, 317-318; see also, New York City Tr. Auth. v New-York…