New Jersey § 46:30B-66 "Good faith" defined

New Jersey Statutes

§ 46:30B-66 — "Good faith" defined

New Jersey § 46:30B-66

Title 46PROPERTY

This text of New Jersey § 46:30B-66 ("Good faith" defined) 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-66 (2026).

Text

46:30B-66. "Good faith" defined. For the purposes of this article, "good faith" means that: a. Payment or delivery was made in a reasonable attempt to comply with this chapter; b. The person delivering the property was not a fiduciary then in breach of trust in respect to the property and had a reasonable basis for believing, based on the facts then known to him, that the property was abandoned for the purposes of this chapter; and c. There is no showing that the records pursuant to which the delivery was made did not meet reasonable commercial standards of practice in the industry. 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-66. "Good faith" defined. For the purposes of this article, "good faith" means that: a. Payment or delivery was made in a reasonable attempt to comply with this chapter; b. The person delivering the property was not a fiduciary then in breach of trust in respect to the property and had a reasonable basis for believing, based on the facts then known to him, that the property was abandoned for the purposes of this chapter; and c. There is no showing that the records pursuant to which the delivery was made did not meet reasonable commercial standards of practice in the industry. Source: New. L.1989, c.58, s.1.