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New Jersey Statutes, Title: 56, TRADE NAMES, TRADE-MARKS AND UNFAIR TRADE PRACTICES

    Chapter 4a:

      Section: 56:4a-7: Molder's option to sell due to unpaid balance.

          
2. If a balance due the molder remains unpaid 60 days after payment is due, the molder may sell the die, mold, form or pattern, subject to any existing perfected security interest, at a public auction in the county where the die, mold, form or pattern is being held.

L.1999,c.235,s.2.



This section added to the Rutgers Database: 2012-09-26 13:37:57.






Older versions of 56:4a-7 (if available):



Court decisions that cite this statute: CLICK HERE.