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Code · New Jersey · Title 2A — Administration of Civil and Criminal Justice · Chapter 44

2A:44-49. Sale of retained property; notice; disposition of proceeds

118 words·~1 min read·/nj/title-2a/chapter-44/2a-44-49

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Property retained by the hotel, apartment hotel, inn or boarding house proprietor under this article may be sold at public auction upon a notice published for 3 days in a newspaper circulating in the municipality wherein said hotel, apartment hotel, inn or boarding house is kept. The proceeds of the sale after the deduction of the expenses thereof shall be applied to the payment of the indebtedness and the balance, if any, shall be paid over to the owner of such property or his representative. The balance, if not claimed by such owner or his representative within 30 days after such sale, shall be paid to the municipality for the support of the poor.
L.1951 (1st SS), c.344.
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