N.J.S.A. 3B:23-40 — Payment of interest on moneys deposited

3B:23-40. Payment of interest on moneys deposited When moneys are ordered to be paid into court pursuant to N.J.S. 3B:23-39, the interest thereof, or any part of the interest as the court may direct, shall be paid to or on behalf of the persons who would for the time being be entitled to the interest in proportion to their respective shares therein, and payments of interest shall be made, yearly or half-yearly or otherwise directly to the persons entitled thereto, unless otherwise directed by the court. L.1981, c. 405, s. 3B:23-40, eff. May 1, 1982.

This is the verbatim text of N.J.S.A. 3B:23-40, 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.