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Code · New Jersey · Title 2A — Administration of Civil and Criminal Justice · Chapter 19

2A:19-42. Disposition of unclaimed money

96 words·~1 min read·/nj/title-2a/chapter-19/2a-19-42

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Disposition of unclaimed money.
When an assignee states his final account, and there remains a balance, dividend sum or sum of money to be paid to a person and the person or his guardian, if he be under any disability, the balance, dividend sum or sum of money is intangible property remaining unclaimed in the possession of an assignee. After the period of time set forth in R.S.46:30B-37.1 has elapsed that property shall be presumed abandoned and handled in accordance with the "Uniform Unclaimed Property Act (1981)," R.S.46:30B-1 et seq.
L.1951 (1st SS), c.344; amended 1989,c.58,s.2.
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