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New Jersey Statutes, Title: 46, PROPERTY
Chapter 30b:
Section: 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 other law, which remain unclaimed by the owner for more than five years after the lease or rental period or other custodial agreement on the box or other repository has expired, are presumed abandoned.
L.1989, c.58, s.1; amended 2002, c.35, s.69.
This section added to the Rutgers Database: 2012-09-26 13:37:54.
Older versions of 46:30b-45 (if available):
Court decisions that cite this statute:
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