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Code · New Jersey · Title 46 — Water Rights · Chapter 30B

46:30B-80. Holder paying claim; interest

62 words·~1 min read·/nj/title-46/chapter-30b/46-30b-80

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Holder paying claim; interest. Any holder who pays the owner for property that has been delivered to the State and which, if claimed from the administrator would be subject to R.S.46:30B-79, shall add interest as provided in R.S.46:30B-79. The added interest shall be repaid to the holder by the administrator in the same manner as the principal. Source: New.
L.1989, c.58, s.1.
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