Massachusetts General Laws ch. 132A sec. 7G – Payment to owner
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Section 7G. If within 2 years after the sale the owner claims the property and proves ownership to the satisfaction of the division, the amount of the unclaimed money or the proceeds of the sale of the property, after deducting reasonable expenses, shall be paid to him by the state treasurer out of the special account, without appropriation.
Terms Used In Massachusetts General Laws ch. 132A sec. 7G
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization