N.J.S.A. 46:30B-22 — Presumption of abandonment.

46:30B-22 Presumption of abandonment. 46:30B-22. Presumption of abandonment. Funds held or owing under any life or endowment insurance policy or annuity contract that has matured or terminated are presumed abandoned if unclaimed for more than three years after the funds became due and payable as established from the records of the insurance company holding or owing the funds, but property described in subsection b. of R.S.46:30B-24 is presumed abandoned if unclaimed for more than two years. L.1989, c.58, s.1; amended 2002, c.35, s.18.

This is the verbatim text of N.J.S.A. 46:30B-22, 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.