Legislation

Search OpenLegislation Statutes

Viewing most recent revision (from 2014-09-22)

SECTION 198

Unclaimed dividends

Debtor & Creditor (DCD) CHAPTER 12, ARTICLE 7

§ 198. Unclaimed dividends. If any dividend that shall have been
declared, shall remain unclaimed by the person entitled thereto for one
year after the same was declared, the trustees shall consider it as
relinquished, and shall distribute it, on any subsequent dividend, among
the other creditors.