Massachusetts General Laws

Mass. Gen. Laws ch. 200A, § 15 (2026)

Insufficient funds; payment of expenses incurred in anticipation of revenues to be received during fiscal year

✓ current as of July 2026

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Section 15. If during any session of the legislature there are insufficient funds in the Unclaimed Property Fund to pay all the claims which have been allowed by the state treasurer or ordered to be paid by the court, the treasurer may incur expenses and the comptroller may certify for payment expenses incurred in anticipation of revenues to be received during the fiscal year.

Notes of Decisions

Cited in 1 case, 2004–2004 · leading case: Washington Mut. Bank, F.A. v. Macrae, 18 Mass. L. Rptr. 499 (Mass. Super. Ct. 2004).

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Washington Mut. Bank, F.A. v. Macrae, 18 Mass. L. Rptr. 499 (Mass. Super. Ct. 2004). “It may choose to pay the funds to the state treasurer, G.L.c. 200A, §15, it may seek to pay the funds into court, or it may hold the funds.”

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