Section 25 Unclaimed dividends; disposition - Massachusetts Statutes

[Text of section effective until July 1, 2011. Repealed by 2008, 521, Sec. 19. See 2008, 521, Sec. 44.]

Section 25. After twenty years from the decree of distribution of an insolvent estate, the probate court, upon application by a creditor whose claim was allowed, and after notice of such application published in one or more newspapers of the county for not less than two years on such days as the court shall direct, may order any unclaimed dividends, with the interest received thereon, after deducting all expenses and charges of administration since the decree of distribution, to be distributed anew among the creditors who have received their dividends. If there is a surplus after satisfying the claims of such creditors with interest, it shall be distributed to the persons legally entitled thereto.