New Jersey § 3B:12-6 Circumstances under which money may be paid or personal property delivered.

New Jersey Statutes

§ 3B:12-6 — Circumstances under which money may be paid or personal property delivered.

New Jersey § 3B:12-6

Title 3BADMINISTRATION OF ESTATES--DECEDENTS AND OTHERS

This text of New Jersey § 3B:12-6 (Circumstances under which money may be paid or personal property delivered.) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.J. Stat. Ann. § 3B:12-6 (2026).

Text

3B:12-6. Circumstances under which money may be paid or personal property delivered. Any person under a duty to pay or deliver money or personal property to a minor may perform this duty, in amounts not exceeding $5,000.00 per annum, by paying or delivering the money or property to: a. The minor, if married; b. A parent or parents of the minor; c. Any person having the care and custody of the minor with whom the minor resides; d. A guardian of the person of the minor; or e. A financial institution incident to a deposit in a federally insured savings account in the sole name of the minor and giving written notice of the deposit to the minor. Amended 2005, c.304, s.6.

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3B:12-6. Circumstances under which money may be paid or personal property delivered. Any person under a duty to pay or deliver money or personal property to a minor may perform this duty, in amounts not exceeding $5,000.00 per annum, by paying or delivering the money or property to: a. The minor, if married; b. A parent or parents of the minor; c. Any person having the care and custody of the minor with whom the minor resides; d. A guardian of the person of the minor; or e. A financial institution incident to a deposit in a federally insured savings account in the sole name of the minor and giving written notice of the deposit to the minor. Amended 2005, c.304, s.6.