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New York Consolidated Laws, Debtor and Creditor Law - DCD § 198. Unclaimed dividends

Current as of January 01, 2024 | Updated by FindLaw Staff

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.

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Cite this article: FindLaw.com - New York Consolidated Laws, Debtor and Creditor Law - DCD § 198. Unclaimed dividends - last updated January 01, 2024 | https://codes.findlaw.com/ny/debtor-and-creditor-law/dcd-sect-198/

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