There Is a Newer Version
of
the New York Laws
2021 New York Laws
DCD - Debtor and Creditor
Article 7 - Trustees for Insolvent and Imprisoned Debtors
198 - Unclaimed Dividends.
Universal Citation:
NY Debt & Cred L § 198 (2021)
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This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
§ 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.
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