It depends on your UY. We have a December UY for one of our contracts.
We received 2007 points on Dec. 1 2007. Those points are good to use until November 30, 2008. If I banked the points they are good until November 30, 2009.
So, yes it is possible to find a contract with 2007 UY points. They are only useful if they have been banked.