17:12B-192. Disposition of unclaimed funds due to members and creditors
106 words·~1 min read·
/nj/title-17/chapter-12b/17-12b-192·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If any liquidating dividend due to any member or any amount due to any creditor, remains in the hands of the commissioner for a period of 6 months after the date of the order for final distribution, such moneys shall be paid by the commissioner into the Superior Court with a statement reciting the name, the last known address and the amount due to each member or creditor who has failed to take payment of the distributive share due him, and to be there held for the benefit of those entitled thereto, or otherwise disposed of by order of that court.
L.1963, c. 144, s. 192.