Massachusetts H1335 amends laws to allow revival of terminated corporations for collecting unclaimed property valued at $2,000 or less.
Massachusetts H1335 modifies the state's unclaimed property laws by allowing the state treasurer to certify the revival of a terminated corporation for the purpose of collecting property valued at $2,000 or less. The bill also waives the fee for reviving such corporations when the revival is related to collecting this property. This change aims to facilitate the collection of unclaimed property by interested parties.
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