Section 6A: Property distributable upon dissolution or liquidation; presumption of abandonment
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/ma/part-ii/title-ii/chapter-200a/6aA research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 6A. All property distributable in the course of a voluntary or involuntary dissolution or liquidation of a person that remains unclaimed by the person entitled thereto, within one year after the date of final distribution or liquidation, shall be presumed abandoned. This section shall apply to all tangible personal property located in the commonwealth and subject to the provisions of section one A to all intangible personal property.