N.J.S.A. 20:3-34

Deposit of funds where ownership in dispute

20:3-34. Deposit of funds where ownership in dispute If the condemnee entitled to receive the award or judgment upon tender thereof, shall refuse to receive the same, or shall be out of the State, or under any legal disability; or in case several condemnees interested in the fund shall not agree as to the distribution thereof; or in case the property condemned shall be encumbered by mortgage, judgment or other liens; or if for any other reason the condemnor cannot reasonably pay the award or judgment to any person, the amount thereof may be deposited with the clerk of the court, to be distributed to the parties entitled thereto according to law. The procedure for distributing the funds shall be in accordance with the rules. L.1971, c. 361, s. 34.

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This is the verbatim text of N.J.S.A. 20:3-34, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.

N.J.S.A. 20:3-34 — Deposit of funds where ownership in dispute | Kyzer