Presumption of abandonment. Unpaid wages, including wages represented by unpresented payroll checks, owing in the ordinary course of the holder's business which remain unclaimed by the owner for more than one year after becoming payable are presumed abandoned. Source: New.
N.J. Stat. Ann. § 46:30B-44
Presumption of abandonment
Known as the Uniform Unclaimed Property Act
The act spans §§ 46:30B-1 to 46:30B-99 (136 sections).
L.1989, c.58, s.1.
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.