Section 46:30B-80 - Holder paying claim; interest

NJ Rev Stat § 46:30B-80 (2019) (N/A)
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46:30B-80. Holder paying claim; interest

46:30B-80. Holder paying claim; interest. Any holder who pays the owner for property that has been delivered to the State and which, if claimed from the administrator would be subject to R.S.46:30B-79, shall add interest as provided in R.S.46:30B-79. The added interest shall be repaid to the holder by the administrator in the same manner as the principal. Source: New.

L.1989, c.58, s.1.