N.J.S.A. 46:30B-33 — When period of abandonment ceases.

46:30B-33 When period of abandonment ceases. 46:30B-33. When period of abandonment ceases. The running of the three-year period of abandonment ceases immediately upon the occurrence of a communication referred to in R.S.46:30B-31. If any future dividend, distribution, or other sum payable to the owner as a result of the interest is subsequently not claimed by the owner, a new period of abandonment commences and relates back to the time a subsequent dividend, distribution, or other sum became due and payable. L.1989, c.58, s.1; aended 2002, c.35, s.23.

This is the verbatim text of N.J.S.A. 46:30B-33, 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.