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N.J. Stat. Ann. § 46:30B-45

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; amended 2002, c.35, s.69.

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.

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.