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Code · New Jersey · Title 52 — Savings and Loan Associations [Repealed] · Chapter 4B

52:4B-66. Actions of board upon receipt of notice from crime victim

194 words·~1 min read·/nj/title-52/chapter-4b/52-4b-66

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6. Upon receipt of a copy of a summons and complaint, or upon receipt of notice from the crime victim prior to filing the action as provided in section 5 of this act, the board shall immediately take such actions as are necessary to:
a. notify all other known crime victims of the alleged existence of profits from a crime or funds of a convicted person by certified mail, return receipt requested, where the victims' names and addresses are known by the board;
b. publish, at least once every six months for three years from the date it is initially notified by a victim, pursuant to section 5 of this act, a legal notice in newspapers of general circulation in the county wherein the crime was committed and in counties contiguous to such county advising any crime victims of the existence of profits from a crime or funds of a convicted person. The board may, in its discretion, provide for such additional notice as it deems necessary;
c. avoid the wasting of the assets identified in the complaint as the newly discovered profits from a crime or as funds of a convicted person.
L.2003,c.190,s.6.
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