§ 198. Unclaimed dividends. If any dividend that shall have been\ndeclared, shall remain unclaimed by the person entitled thereto for one\nyear after the same was declared, the trustees shall consider it as\nrelinquished, and shall distribute it, on any subsequent dividend, among\nthe other creditors.\n
‹ Prev All New York sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.