New Jersey Statutes

§ 46:30B-33 — When period of abandonment ceases.

New Jersey·Title 46 PROPERTY
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.

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