17:14A-81. Custodial possession by commissioner; purpose
60 words·~1 min read·
/nj/title-17/chapter-14a/17-14a-81·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Possession by the commissioner shall be for the sole purpose of serving as a custodian of the safe deposit company until the lessees of the vaults, safe deposit boxes and other receptacles have removed their personal property therefrom after notice from the commissioner or upon removal by the commissioner to a place of safe storage.
L.1983, c. 566, s. 17:14A-81.