Massachusetts General Laws ch. 194 sec. 11 – Annual accounts; failure to deposit remaining money with treasurer on final settlement
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Section 11. The probate court in each county shall require every public administrator in such county to render an account of his proceedings under any letters of administration at least once a year until the trust is fulfilled. When, on final settlement of an estate, it appears that money remains in the hands of such administrator which by law should have been deposited with the state treasurer, the court shall certify that fact and a statement of the amount so withheld to said treasurer, who, unless such deposit is made within one month after the receipt of such notice, shall cause the bond of the administrator to be prosecuted for the recovery of such money.
Terms Used In Massachusetts General Laws ch. 194 sec. 11
- Probate: Proving a will
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.