Mass. Gen. Laws ch. 190B § 3-909

Current through Chapters 1 to 249 and Chapters 253 to 255 of the 2024 Legislative Session
Section 190B:3-909 - Improper distribution; liability of distributee

Unless the distribution or payment no longer can be questioned because of adjudication, estoppel, or limitation, a distributee of property improperly distributed or paid, or a claimant who was improperly paid, is liable to return the property improperly received and its income since distribution if he has the property. If he does not have the property, then he is liable to return the value as of the date of disposition of the property improperly received and its income and gain received by him.

Mass. Gen. Laws ch. 190B, § 3-909

Added by Acts 2008, c. 521,§ 9, eff. 7/1/2011.