Title 46, Title 46: PROPERTY

46:30B-41.1 Presumption of abandonment: minor's funds. 46:30B-41.1. Presumption of abandonment: minor's funds. Property deposited or paid into the Superior Court or to the surrogate of any county of this State for the benefit of a person who is a minor at the time of the deposit …

46:30B-41.2 Presumption of abandonment: governmental entity. 46:30B-41.2. Presumption of abandonment: governmental entity. Except as otherwise provided in this article, any property where the obligor is the executive, legislative, or judicial branch of the United States Governmen…

46:30B-41.3 Presumption of abandonment; class actions. 34. Presumption of abandonment; class actions. Property received by a court as proceeds of a class action and not distributed pursuant to the judgment is presumed abandoned one year after the initial distribution date. L.2002…

46:30B-42 Presumption of abandonment. 46:30B-42. Presumption of abandonment. A credit balance, customer overpayment, security deposit, refund, credit memorandum, unused ticket, or similar instrument that occurs or is issued in the ordinary course of business which remains unclaim…

46:30B-42.1 Presumption of abandonment of stored value card; exceptions; cash redemption. 5. a. A stored value card for which there has been no stored value card activity for five years is presumed abandoned. This subsection shall apply to any stored value card issued on or after…

46:30B-43 Amounts presumed abandoned. 46:30B-43. Amounts presumed abandoned. In the case of credit balances, customer overpayments, security deposits, refunds, credit memoranda, unused tickets, or similar instruments, the amount presumed abandoned is the amount credited to the re…

46:30B-43.1 Limitation on holder's power to impose charges. 37. Limitation on holder's power to impose charges. A holder of property subject to R.S.46:30B-42, section 5 of P.L.2010, c.25 (C.46:30B-42.1), and R.S.46:30B-43 shall not impose on the property a dormancy charge or fee,…

46:30B-44. Presumption of abandonment 46:30B-44. Presumption of abandonment. Unpaid wages, including wages represented by unpresented payroll checks, owing in the ordinary course of the holder's business which remain unclaimed by the owner for more than one year after becoming pa…

46:30B-45 Presumption of abandonment. 46:30B-45. Presumption of abandonment. All property held in a safe deposit box or any other safekeeping repository in this State in the ordinary course of the holder's business and proceeds resulting from the sale of the property permitted by…

46:30B-46 Duty of holder to report property presumed abandoned. 46:30B-46. Duty of holder to report property presumed abandoned. A person holding property presumed abandoned and subject to custody as unclaimed property under this chapter shall report to the administrator concerni…

46:30B-47 Form and contents of report. 46:30B-47. Form and contents of report. The report shall be verified and shall include: a. Except with respect to travelers checks and money orders, the name, if known, and last known address, if any, of each person appearing from the record…

46:30B-47.1. Contents of report: Superior Court Clerk and surrogate 46:30B-47.1. Contents of report: Superior Court Clerk and surrogate. The report of the Clerk of the Superior Court or a surrogate shall set forth the following information instead of that required by R.S.46:30B-4…

46:30B-48. Report by successor holder of property 46:30B-48. Report by successor holder of property. If the person holding property presumed abandoned and subject to custody as unclaimed property is a successor to other persons who previously held the property for the apparent ow…

46:30B-49 Time to file report; postponement. 46:30B-49. Time to file report; postponement. The report shall be filed before November 1 of each year as of the preceding June 30, but the report of any life insurance company shall be filed before May 1 of each year as of the precedi…

46:30B-5 Contents of initial report 46:30B-5. Contents of initial report. The initial report filed under this chapter for property that was not required to be reported before the effective date of this chapter but which is subject to this chapter shall include all items of proper…

46:30B-50 Notice to apparent owner. 46:30B-50. Notice to apparent owner. Not more than 120 days nor less than 60 days before filing the report required by this article, the holder in possession of property presumed abandoned and subject to custody as unclaimed property under this…

46:30B-50.1. Posting of notice by Superior Court Clerk and surrogate 46:30B-50.1. Posting of notice by Superior Court Clerk and surrogate. In place of the mailed notice required by R.S.46:30B-50, the Clerk of the Superior Court, not more than 120 days and not less than 90 days be…

46:30B-51 Publication of notice by administrator. 46:30B-51. Publication of notice by administrator. The administrator shall cause a notice to be published not later than November 30 of the year next following the year in which abandoned property has been paid or delivered to the…

46:30B-52 Form and contents of notice to be published. 46:30B-52. Form and contents of notice to be published. The published notice shall contain: a. The names in alphabetical order and last known addresses, if any, of persons listed in the report and entitled to notice within th…

46:30B-53 Items which need not be included in published notice. 46:30B-53. Items which need not be included in published notice. The administrator is not required to publish in the notice any items of less than $100 unless the administrator considers their publication to be in th…

46:30B-54. Blank L.1989, c.58, s.1.

46:30B-55. Blank L.1989, c.58, s.1.

46:30B-56. Article not applicable to travelers checks or money orders or court deposits 46:30B-56. Article not applicable to travelers checks or money orders or court deposits. This article is not applicable to sums payable on travelers checks, money orders, and other written ins…

46:30B-57 Payment or delivery with report. 46:30B-57. Payment or delivery with report. At the time of the filing of the report as established by R.S.46:30B-49, a holder shall pay or deliver to the administrator all of the unclaimed property set forth in its report and all accreti…

46:30B-58. Establishment by owner of right to property before payment or delivery; erroneous presumption of abandonment 46:30B-58. Establishment by owner of right to property before payment or delivery; erroneous presumption of abandonment. If the owner establishes the right to r…

46:30B-59. Payment or delivery of property not included in report 46:30B-59. Payment or delivery of property not included in report. Property reported under Article 17 of this chapter for which the holder is not required to report the name of the apparent owner shall be delivered…

46:30B-6 Definitions. 46:30B-6. Definitions. As used in this chapter: a. "Administrator" means the Treasurer of the State of New Jersey, any individual serving as the Acting Treasurer in the absence of the appointed Treasurer, and any State employee to whom the Treasurer has dele…

46:30B-60. Delivery of duplicate certificates or other evidence of ownership by holder; holder, etc., relieved of liability 46:30B-60. Delivery of duplicate certificates or other evidence of ownership by holder; holder, etc., relieved of liability. The holder of an interest under…

46:30B-60.1 Transfer of ownership after delivery with report. 46:30B-60.1. Transfer of ownership after delivery with report. When a certificate or other evidence of ownership, or a bond or other debt security, registered in the name of a person is delivered to the administrator p…

46:30B-61. Custody by state; holder relieved from liability 46:30B-61. Custody by state; holder relieved from liability. Upon the payment or delivery of property to the administrator, the state assumes custody and responsibility for the safekeeping of the property. A person who p…

46:30B-62 Reimbursement of holder paying claim. 46:30B-62. Reimbursement of holder paying claim. A holder who has paid money to the administrator pursuant to this chapter may make payment to any person appearing to the holder to be entitled to payment and, upon filing proof of pa…

46:30B-63. Holder reclaiming property for owner 46:30B-63. Holder reclaiming property for owner. A holder who had delivered property (including a certificate of any interest in a business association) other than money to the administrator pursuant to this chapter may reclaim the …

46:30B-64. Proof by holder to recover money or property 46:30B-64. Proof by holder to recover money or property. The administrator may accept the holder's affidavit as sufficient and proper under this article. Source: New. L.1989, c.58, s.1.

46:30B-65 Defending and indemnifying holder against claims for property paid or delivered. 46:30B-65. Defending and indemnifying holder against claims for property paid or delivered. If the holder pays or delivers property to the administrator in good faith and thereafter another…

46:30B-66. "Good faith" defined 46:30B-66. "Good faith" defined. For the purposes of this article, "good faith" means that: a. Payment or delivery was made in a reasonable attempt to comply with this chapter; b. The person delivering the property was not a fiduciary then in breac…

46:30B-67. Payment of safe deposit box or repository charges. 46:30B-67. Payment of safe deposit box or repository charges. Property removed from a safe deposit box or other safekeeping repository is received by the administrator subject to the holder's right under this section t…

46:30B-68. Crediting dividends, interest or other increments to owner's account 46:30B-68. Crediting dividends, interest or other increments to owner's account. Whenever property other than money is paid or delivered to the administrator under this chapter, the owner is entitled …

46:30B-69. Sale of abandoned property 46:30B-69. Sale of abandoned property. Except as provided in R.S.46:30B-70 and R.S.46:30B-71, the administrator shall, within three years after the receipt of abandoned property, sell it to the highest bidder at public sale in whatever munici…

46:30B-7 When property presumed abandoned generally. 46:30B-7. When property presumed abandoned generally. Except as otherwise provided by this chapter, all property, including any income or increment derived therefrom, less any lawful charges, whether located in this State or an…

46:30B-7.1 Communication between holder and apparent owner. 46:30B-7.1. Communication between holder and apparent owner. Property shall not be presumed abandoned if within the period that the property remains unclaimed the apparent owner communicated in writing or by other means …

46:30B-7.2 Limitation on holder's power to impose charges. 6. Limitation on holder's power to impose charges. A holder may not deduct from the amount due a person who has a legal or equitable interest in any property subject to chapter 30 B of Title 46 of the Revised Statutes any…

46:30B-70. Sale price of securities 46:30B-70. Sale price of securities. Securities listed on an established stock exchange shall be sold at prices prevailing at the time of sale on the exchange. Other securities may be sold over the counter at prices prevailing at the time of sa…

46:30B-71. Securities to be held one year before sale; exception 46:30B-71. Securities to be held one year before sale; exception. Unless the administrator considers it to be in the best interest of the State to do otherwise, all securities, other than those presumed abandoned un…

46:30B-72 Securities to be held one year before sale; rights of claimant if securities sold before or after end of one-year period. 46:30B-72. Securities to be held one year before sale; rights of claimant if securities sold before or after end of one-year period. Unless the admi…

46:30B-72.1. Sale of tangible property 46:30B-72.1. Sale of tangible property. Regarding the sale of tangible property, such as jewelry and works of art, the administrator shall follow the specifications for payment of safe deposit box or repository charges set forth in R.S.46:30…

46:30B-73. Rights of purchaser of property 46:30B-73. Rights of purchaser of property. The purchaser of property at any sale conducted by the administrator pursuant to this chapter takes the property free of all claims of the owner or previous holder thereof and of all persons cl…