3B:22-5. Liquidated claims payable in future
71 words·~1 min read·
/nj/title-3b/chapter-22/3b-22-5A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A liquidated claim, not due and payable, but payable in the future, may be presented for allowance, a reasonable rebate of interest being made when interest is not accruing thereon. If the claim is disputed and action is brought thereon, the plaintiff shall not fail in the action because the claim is payable in the future, if the claim is otherwise valid.
L.1981, c. 405, s. 3B:22-5, eff. May 1, 1982.