N.J.S.A. 45:22-28

Surplus belongs to pawnbroker after five years

45:22-28. Surplus belongs to pawnbroker after five years If a surplus be not paid or claimed within five years from the date on which it accrued, it shall revert to the pawnbroker for his own use and benefit. Interest on unpaid surplus, at the rate of six per cent per annum, shall accrue only after the pawnbroker's refusal to pay the same, upon lawful demand thereof.

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This is the verbatim text of N.J.S.A. 45:22-28, 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. 45:22-28 — Surplus belongs to pawnbroker after five years | Kyzer