Money The State Is Holding
G.L. c. 200A, § 10 — a claim at any time, a hearing on request within twenty days, and interest
In Massachusetts, any person claiming an interest in property surrendered to the state treasurer may establish the claim at any time after. If the property has not yet been liquidated, the treasurer delays liquidation until the claim is finally decided.
A hearing, then court. The treasurer sends written notice of the decision; within twenty days the claimant may apply for a hearing and redetermination, and the treasurer decides within thirty days after the hearing. A claimant still adversely affected may appeal for a trial de novo within twenty days after notice.
Interest. An allowed claim is paid the amount the treasurer actually received with interest at one-twelfth of one per cent per month, or for interest-bearing property up to five-twelfths of one per cent per month, for not more than fourteen years after delivery.
| The question | The statute's answer |
|---|---|
| The questionWhen a claim may be made | The statute's answerAt any time after the property is surrendered |
| The questionAsking for a hearing | The statute's answerWithin twenty days after the written decision |
| The questionAn appeal to court | The statute's answerWithin twenty days after notice of the treasurer's final decision, tried de novo |
Claimants outside the United States and the reporting rules for holders are not on this page. Whether a particular claim will be paid is a question for the state's unclaimed property office or a licensed Massachusetts attorney.
Sources for this section (1)
- G.L. c. 200A, § 10 — Property surrendered to treasurer; claims; hearings; appeals
Legal information, not legal advice. Verified as of September 2026. Applying it to a particular situation is the work of a licensed Massachusetts attorney.