Unclaimed Property Law

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CITATION

TITLE

NJSA 46:30B-1 NJSA 46:30B-2 NJSA 46:30B-3 NJSA 46:30B-4

NJSA 46:30B-5 NJSA 46:30B-6 NJSA 46:30B-7 NJSA 46:30B-7.1

NJSA 46:30B-7.2

NJSA 46:30B-8 NJSA 46:30B-9 NJSA 46:30B-10

NJSA 46:30B-10.1 NJSA 46:30B-10.2

NJSA 46:30B-11

NJSA 46:30B-12 NJSA 46:30B-13

NJSA 46:30B-14

NJSA 46:30B-15

NJSA 46:30B-16 NJSA 46:30B-17

NJSA 46:30B-18 NJSA 46:30B-19 NJSA 46:30B-20

NJSA 46:30B-21

NJSA 46:30B-22 NJSA 46:30B-23

NJSA 46:30B-24

NJSA 46:30B-25 NJSA 46:30B-26

Short title Construction Foreign transactions Effect of chapter on duty of holder to report, pay or deliver property under prior law Contents of initial report Definitions When property presumed abandoned generally Communication between holder and apparent owner Holder's power to impose changes; limitation When property payable or distributable When property subject to custody Further conditions to be satisfied to subject property to custody Presumption of location Presumption of abandonment after issuance; defenses Presumption of abandonment of travelers check Presumption of abandonment of money order Limitation on holder's power to impose service charges Conditions subjecting property to custody of State Application of R.S. 46:30B-14 in certain cases Presumption of abandonment Limitation on holder's power to impose charges Presumption of abandonment Includable in "property" Limitation on holder's power to impose charges When automatically renewable property is matured Presumption of abandonment Presumed address of person entitled to funds other than insured or annuitant if address unknown Determining maturity of insurance policy or annuity contract Effect of automatic premium loan provision or nonforfeiture provision upon maturity or termination of insurance policy Notice to insured or owner of policy of

exercise of automatic premium loan or other NJSA 46:30B-27

NJSA 46:30B-28

NJSA 46:30B-28.1

NJSA 46:30B-29 NJSA 46:30B-30 NJSA 46:30B-31 NJSA 46:30B-32

NJSA 46:30B-33 NJSA 46:30B-34

NJSA 46:30B-35

NJSA 46:30B-36 NJSA 46:30B-37 NJSA 46:30B-37.1

NJSA 46:30B-37.2

NJSA 46:30B-38 NJSA 46:30B-38.1

NJSA 46:30B-39

NJSA 46:30B-40

NJSA 46:30B-41

NJSA 46:30B-41.1 NJSA 46:30B-41.2

NJSA 46:30B-41.3 NJSA 46:30B-42 NJSA 46:30B-43 NJSA 46:30B-43.1

NJSA 46:30B-44 NJSA 46:30B-45 NJSA 46:30B-46

NJSA 46:30B-47 NJSA 46:30B-47.1

NJSA 46:30B-48 NJSA 46:30B-49 NJSA 46:30B-50 NJSA 46:30B-50.1

nonforfeiture provision

Duty imposed upon company to pay proceeds of insurance or annuity to beneficiary Information to be requested in change of beneficiary form Property distributable by insurance company; abandonment Presumption of abandonment Presumption of abandonment Presumption of abandonment Presumption of abandonment for failure to claim dividend or distribution When period of abandonment ceases Items presumed abandoned when interest presumed abandoned 46:30B-35. Repealed by L.2002, c. 35, Sec. 71, eff. July 1, 2002 Presumption of abandonment Presumption of abandonment Presumption of abandonment; unclaimed estate assets Debt of business association; presumption of abandonment Funds in retirement account or plan Certain Individual retirement accounts or plans; funds therein When agent deemed to hold property in fiduciary capacity Fiduciary for business association deemed holder of property Presumption of abandonment: Superior Court and surrogate Presumption of abandonment: minor's funds Presumption of abandonment: governmental entity Class actions; presumption of abandonment Presumption of abandonment Amounts presumed abandoned Holder's power to impose charges; limitation Presumption of abandonment Presumption of abandonment Duty of holder to report property presumed abandoned Form and contents of report Contents of report: Superior Court Clerk and surrogate Report by successor holder of property Time to file report; postponement Notice to apparent owner Posting of notice by Superior Court Clerk and surrogate

NJSA 46:30B-51 NJSA 46:30B-52 NJSA 46:30B-53

NJSA 46:30B-54 NJSA 46:30B-55 NJSA 46:30B-56

NJSA 46:30B-57 NJSA 46:30B-58

NJSA 46:30B-59

NJSA 46:30B-60

NJSA 46:30B-60.1

NJSA 46:30B-61

NJSA 46:30B-62 NJSA 46:30B-63 NJSA 46:30B-64 NJSA 46:30B-65

NJSA 46:30B-66 NJSA 46:30B-67

NJSA 46:30B-68

NJSA 46:30B-69 NJSA 46:30B-70 NJSA 46:30B-71

NJSA 46:30B-72

NJSA 46:30B-72.1 NJSA 46:30B-73 NJSA 46:30B-74 NJSA 46:30B-75 NJSA 46:30B-76 NJSA 46:30B-76.1 NJSA 46:30B-76.2

NJSA 46:30B-76.3 NJSA 46:30B-77 NJSA 46:30B-78 NJSA 46:30B-79 NJSA 46:30B-80 NJSA 46:30B-81

Publication of notice by administrator Form and contents of notice to be published Items which need not be included in published notice 46:30B-54. Blank. 46:30B-55. Blank. Article not applicable to travelers checks or money orders or court deposits Payment or delivery with report Establishment by owner of right to property before payment or delivery; erroneous presumption of abandonment Payment or delivery of property not included in report Delivery of duplicate certificates or other evidence of ownership by holder; holder, etc., relieved of liability Transfer of ownership after delivery with report Custody by state; holder relieved from liability Reimbursement of holder paying claim Holder reclaiming property for owner Proof by holder to recover money or property Defending and indemnifying holder against claims for property paid or delivered "Good faith" defined Payment of safe deposit box or repository charges Crediting dividends, interest or other increments to owner's account Sale of abandoned property Sale price of securities Securities to be held one year before sale; exception Securities to be held one year before sale; rights of claimant if securities sold before or after end of one year period Sale of tangible property Rights of purchaser of property Deposits of funds by administrator Investment and reinvestment of money in fund Record to be maintained by administrator Confidentiality of certain records Disclosure of confidential information; documents and working papers Access to confidential information Filing claim; another state excluded Time to consider claim; notice of denial Payment of claim Holder paying claim; interest Grounds for recovery of property by another state

NJSA 46:30B-82 NJSA 46:30B-83 NJSA 46:30B-84 NJSA 46:30B-85 NJSA 46:30B-86

NJSA 46:30B-87 NJSA 46:30B-88

NJSA 46:30B-89 NJSA 46:30B-90 NJSA 46:30B-91 NJSA 46:30B-92

NJSA 46:30B-93 NJSA 46:30B-94 NJSA 46:30B-95 NJSA 46:30B-96 NJSA 46:30B-96.1 NJSA 46:30B-97 NJSA 46:30B-97.1 NJSA 46:30B-97.2

NJSA 46:30B-97.3

NJSA 46:30B-98 NJSA 46:30B-99 NJSA 46:30B-100 NJSA 46:30B-101 NJSA 46:30B-102 NJSA 46:30B-103 NJSA 46:30B-104 NJSA 46:30B-105 NJSA 46:30B-105.1 NJSA 46:30B-105.2

Form of claim; allowance Indemnification Action to establish claim Administrator may decline to receive property Authorization of administrator to assume custody of property prior to presumption of abandonment Authority of administrator to destroy or otherwise dispose of property Periods of limitation no bar to presuming property abandoned or duty to report and deliver property Time within which administrator may bring action against holder Administrator may require filing of reports Examination of records by administrator; generally Examination of records by administrator; agents and fiduciaries for business association Assessment of costs for examination Assessing estimated costs for examination when records are insufficient Maintaining records; generally Maintaining records; travelers checks, money orders, etc. Continuity of records Enforcement; actions in Superior Court Enforcement; actions in federal court or courts of other states by administrator Enforcement; right of administrator to intervene in judicial or administrative proceedings Enforcement; administrator deemed an indispensable party in judicial or administrative proceedings Interstate agreements Consultation by administrator with other states to avoid conflicts as to procedures Joint enforcement Attorney General may bring action in behalf of another state Action by administrator in another state Interest payable for failure to pay or deliver property in time Penalty for willful failure to render report or perform other duties Penalty for willful failure to pay or deliver property Fraudulent report; penalty Calculation of penalty and interest after examination

NJSA 46:30B-105.3 NJSA 46:30B-106 NJSA 46:30B-107 NJSA 46:30B-108 NJSA 46:30B-109

Waiver of interest or penalty Unenforceable agreements Adoption of rules by administrator Transfer of funds and assets Statutes repealed

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