2C:66-1. Attachment of deposited funds of suspected terrorists or their supporters
146 words·~1 min read·
/nj/title-2c/chapter-66/2c-66-1A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
1. Attachment of deposited funds.
a. As used in this act:
"Financial institution" means a state or federally chartered bank, savings bank or savings and loan association or any other financial services company or provider, including, but not limited to, broker-dealers, investment companies, money market and mutual funds, credit unions and insurers.
b. Upon application by the Attorney General, a court may issue an attachment order directing a financial institution to freeze some or all of the funds or assets deposited with or held by the financial institution by or on behalf of an account holder when there exists a reasonable suspicion that the account holder has committed or is about to commit the crime of terrorism in violation of section 2 of P.L.2002, c.26 (C.2C:38-2) or soliciting or providing material support or resources for terrorism in violation of section 5 of P.L.2002, c.26 (C.2C:38-5).
L.2003,c.22,s.1.