New Jersey § 46:30B-61 Custody by state; holder relieved from liability

New Jersey Statutes

§ 46:30B-61 — Custody by state; holder relieved from liability

New Jersey § 46:30B-61

Title 46PROPERTY

This text of New Jersey § 46:30B-61 (Custody by state; holder relieved from liability) 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. § 46:30B-61 (2026).

Text

46:30B-61. Custody by state; holder relieved from liability. Upon the payment or delivery of property to the administrator, the state assumes custody and responsibility for the safekeeping of the property. A person who pays or delivers property to the administrator in good faith is relieved of all liability to the extent of the value of the property paid or delivered for any claim then existing or which thereafter may arise or be made in respect to the property. Source: New. L.1989, c.58, s.1.

Free access — add to your briefcase to read the full text and ask questions with AI

46:30B-61. Custody by state; holder relieved from liability. Upon the payment or delivery of property to the administrator, the state assumes custody and responsibility for the safekeeping of the property. A person who pays or delivers property to the administrator in good faith is relieved of all liability to the extent of the value of the property paid or delivered for any claim then existing or which thereafter may arise or be made in respect to the property. Source: New. L.1989, c.58, s.1.