New Jersey Statutes
§ 46:30B-103 — Interest payable for failure to pay or deliver property in time
New Jersey·Title 46 PROPERTY
46:30B-103. Interest payable for failure to pay or deliver property in time. A person who fails to pay or deliver property within the time prescribed by this chapter shall pay to the administrator interest at the annual rate of 10% above the annual rate of discount, in effect on the date the property should have been paid or delivered, for the most recent issue of 52-week United States Treasury bills on the property or value thereof from the date the property should have been paid or delivered. Source: New. L.1989, c.58, s.1.
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Nearby Sections
15
§ 46:30B-1
Short title.§ 46:30B-10.1
Presumption of location§ 46:30B-100
Joint enforcement§ 46:30B-102
Action by administrator in another state§ 46:30B-106
Unenforceable agreements§ 46:30B-107
Adoption of rules by administrator§ 46:30B-108
Transfer of funds and assets§ 46:30B-109
Statutes repealed§ 46:30B-12
Presumption of abandonment of money order.