Legislation

Search OpenLegislation Statutes

previous
  • SECTION 197
    Provision for neglectful creditors
    • up
  • ARTICLE 7
    Trustees For Insolvent and Imprisoned Debtors
    • next
  • SECTION 199
    Disposition of surplus
    • This entry was published on 2014-09-22
    NOTE: The selection dates indicate all change milestones for the entire volume, not just the location being viewed. Specifying a milestone date will retrieve the most recent version of the location before that date.

    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.