New Jersey Statutes
§ 46:8-23 — Statutory trust upon insolvency or bankruptcy of person receiving security deposit
New Jersey § 46:8-23
JurisdictionNew Jersey
Title 46PROPERTY
This text of New Jersey § 46:8-23 (Statutory trust upon insolvency or bankruptcy of person receiving security deposit) 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. § 46:8-23 (2026).
Text
In the event of the insolvency or bankruptcy of the person receiving the said moneys, the claim of the person who paid the said moneys shall constitute a statutory trust with respect to any moneys so received and not previously expended in accordance with the terms of the contract, lease or agreement. L.1967, c. 265, s. 5, eff. Jan. 1, 1968.
Free access — add to your briefcase to read the full text and ask questions with AI
Nearby Sections
15
§ 46:8-19.1
Rules, regulations§ 46:8-20
Procedure on conveyance of property§ 46:8-21
Liability on transfer§ 46:8-21.2
Limitation on amount of deposit§ 46:8-22
Enforcement of trust by civil action§ 46:8-24
Waiver by depositor prohibited§ 46:8-26
Application of act§ 46:8-27
Landlord, project defined.Cite This Page — Counsel Stack
Bluebook (online)
New Jersey § 46:8-23, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/46/46%3A8-23.