N.J.S.A. 2A:19-42 — Disposition of unclaimed money

2A:19-42. Disposition of unclaimed money 2A:19-42. Disposition of unclaimed money. When an assignee states his final account, and there remains a balance, dividend sum or sum of money to be paid to a person and the person or his guardian, if he be under any disability, the balance, dividend sum or sum of money is intangible property remaining unclaimed in the possession of an assignee. After the period of time set forth in R.S.46:30B-37.1 has elapsed that property shall be presumed abandoned and handled in accordance with the "Uniform Unclaimed Property Act (1981)," R.S.46:30B-1 et seq. L.1951 (1st SS), c.344; amended 1989,c.58,s.2.

This is the verbatim text of N.J.S.A. 2A:19-42, 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.