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The original item was published from 5/21/2010 4:24:00 PM to 6/28/2010 4:13:55 PM.

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amherstma.gov - News & Announcements

Posted on: May 21, 2010

[ARCHIVED] Checks Issued by Amherst, Which Have Not Been Cashed and are Deemed Abandoned

Posted 5/21/2010

MASS GENERAL LAW CHAPTER 200A SECION 5: Subject to the provision of section one A, All intangible personal property not otherwise presumed to have been abandoned under any other section of this chapter, including but not limited to all certificates of ownership, dividends, stocks, bonds, money, drafts and claims for money and credit…shall be presumed abandoned unless claimed by the beneficiary or person entitled thereto within three years after the date prescribed for payment or delivery.

CHAPTER 200A SECTION 9A: On or before November first of each year the treasurer of any city or town holding checks issued by said city or town which have not been cashed and which are deemed abandoned under section five may issue a written determination that it is in the best interest of said city or town to follow the procedures set out in this section.

Checks issued by the Town of Amherst that remain un-cashed are subject to the following actions:

1.Letters are sent to payee’s of un-cashed checks along with instructions for claiming the funds.
2.For checks over $100.00 an advertisement is placed in the local newspaper.
3.An un-claimed check list is posted on the web-site.

FAQ:
1. What if my name appears on the list, how do I claim my money? If your name appears on the town’s unclaimed check list you should contact the Treasurer’s
Office at (413) 259-3022 or finance@amherstma.gov for more information.

2.What happens if no one claims a check? Checks that remain unclaimed after all necessary steps have been taken are returned to the town’s general fund.

3.I received notice of an un-cashed check, what is if for? Checks issued by the Town of Amherst could be refunds of overpayments of taxes, payment of an invoice or payroll checks. You should contact the Treasurer’s office for more information.

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