N.J.S.A. 46:30B-89 — Time within which administrator may bring action against holder.

46:30B-89 Time within which administrator may bring action against holder. 46:30B-89. Time within which administrator may bring action against holder. An action or proceeding may not be commenced by the administrator to enforce chapter 30B of Title 46 of the Revised Statutes in regard to the reporting, delivery, or payment of property more than ten years after the holder specifically identified the property in a report filed with the administrator or gave express notice to the administrator of a dispute regarding the property. In the absence of such a report or other express notice, the period of limitation is tolled. The period of limitation is also tolled by the filing of a report that is fraudulent. L.1989, c.58, s.1; amended 2002, c.35, s.56.

This is the verbatim text of N.J.S.A. 46:30B-89, 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.