3B:21-2. Meaning of term "personal property"
148 words·~1 min read·
/nj/title-3b/chapter-21/3b-21-2A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The term "personal property" as used in this chapter shall include, but without limitation, property or money or any devise or distributive share, interest, trust fund or trust property in the hands of a fiduciary residing or acting in this State, moneys in the hands of a receiver appointed by any court, moneys in the hands of a commissioner, officer, fiduciary or other person constituting the proceeds from the sale of real estate under any judicial proceeding, or pursuant to the provisions of any will or instrument of trust, or awarded as damages for the taking of lands under legislative authority, moneys or funds deposited in any court of this State, whether arising from the sale of lands or otherwise, and moneys or property in the custody or under the control or subject to the directions of any court.
L.1981, c. 405, s. 3B:21-2, eff. May 1, 1982.