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TREASURER & RECEIVER GEN. v. JOHN HANCOCK MUT. L. INS.

388 Mass. 410 (1983)

446 N.E.2d 1376

TREASURER AND RECEIVER GENERAL vs. JOHN HANCOCK MUTUAL LIFE INSURANCE COMPANY.

Supreme Judicial Court of Massachusetts, Suffolk.

March 11, 1983.

Attorney(s) appearing for the Case

Morris M. Goldings, Special Assistant Attorney General (H. Glenn Alberich, Paul E. Shanley & David J. Epstein of California with him) for the plaintiff.

Edward J. Duggan (Joseph F. Ryan with him) for the defendant.

Present: HENNESSEY, C.J., LIACOS, ABRAMS, LYNCH, & O'CONNOR, JJ.

ABRAMS, J.

At issue is a dispute between John Hancock Mutual Life Insurance Company (John Hancock) and the Treasurer and Receiver General of the Commonwealth (Treasurer) over John Hancock's duty to report and remit certain monies to the Treasurer under the abandoned property law, G.L.c. 200A, and the unclaimed funds law, G.L.c. 175, §§ 149A-149D.

The Treasurer is claiming funds represented by uncashed checks issued by John Hancock, covering its obligations...

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