N.J.S.A. 3B:27-5 — Absentee later proved alive entitled to proceeds of transaction

3B:27-5. Absentee later proved alive entitled to proceeds of transaction If an absentee should later be proved to have been alive at the time of a transaction referred to in N.J.S. 3B:27-4, then he or any other person taking under him shall be entitled to a just interest in the rents, purchase price, and other proceeds of the transaction, which have not come into the hands of a person who has given value therefor without notice that the absentee was alive. L.1981, c. 405, s. 3B:27-5, eff. May 1, 1982.

This is the verbatim text of N.J.S.A. 3B:27-5, 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.