When a cash deposit is made in lieu of a supersedeas bond on appeal, the cash deposit shall be retained until the final determination of the cause and shall be subject to the lien of the judgment appealed from and costs, interest thereon and the costs of the appeal.
N.J. Stat. Ann. § 2A:16-4
Cash deposit in lieu of supersedeas bond
Known as the Structured Settlement Protection Act
The act spans §§ 2–2 (54 sections).
L.1951 (1st SS), c.344.
Current official text: New Jersey Legislature. Digitized from the New Jersey Legislature bulk statutes download. Reproduced from public-domain New Jersey statutes; confirm against the official source for the current text. Not legal advice.