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New Jersey Statutes, Title: 46, PROPERTY

    Chapter 30b:

      Section: 46:30b-104: Penalty for failure to render report or perform other duties.

          
46:30B-104. Penalty for failure to render report or perform other duties. Except as otherwise provided in R.S.46:30B-105 or 46:30B-105.1, a holder who fails to report, pay or deliver property within the time prescribed by chapter 30B of Title 46 of the Revised Statutes, or fails to perform other duties imposed by that chapter, shall pay to the administrator, in addition to the interest as provided in R.S.46:30B-103, a civil penalty of $200 for each day the report, payment, or delivery is withheld, or the duty is not performed, up to a maximum of $100,000.

L.1989, c.58, s.1; amended 2002, c.35, s.65.



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






Older versions of 46:30b-104 (if available):



Court decisions that cite this statute: CLICK HERE.