New Jersey § 46:30B-103 Interest payable for failure to pay or deliver property in time

New Jersey Statutes

§ 46:30B-103 — Interest payable for failure to pay or deliver property in time

New Jersey § 46:30B-103

Title 46PROPERTY

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Bluebook

N.J. Stat. Ann. § 46:30B-103 (2026).

Text

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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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.