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New Jersey Statutes, Title: 45, PROFESSIONS AND OCCUPATIONS

    Chapter 22:

      Section: 45:22-28: Surplus belongs to pawnbroker after five years

           If a surplus be not paid or claimed within five years from the date on which it accrued, it shall revert to the pawnbroker for his own use and benefit. Interest on unpaid surplus, at the rate of six per cent per annum, shall accrue only after the pawnbroker's refusal to pay the same, upon lawful demand thereof.



This section added to the Rutgers Database: 2012-09-26 13:37:54.






Older versions of 45:22-28 (if available):



Court decisions that cite this statute: CLICK HERE.