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Code · New Jersey · Title 52 — Savings and Loan Associations [Repealed] · Chapter 18A

52:18A-123. Termination of inactive accounts; refunds

41 words·~1 min read·/nj/title-52/chapter-18a/52-18a-123

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

The council may terminate any inactive account in either division if the value of such account is less than $100.00 and, in such event, shall refund the value of the account in a single cash payment.
L.1963, c. 123, s. 17.
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