New Jersey § 56:4A-3 Customer's failure to take possession following notice; destruction

New Jersey Statutes

§ 56:4A-3 — Customer's failure to take possession following notice; destruction

New Jersey § 56:4A-3

Title 56TRADE NAMES, TRADE-MARKS AND UNFAIR TRADE PRACTICES

This text of New Jersey § 56:4A-3 (Customer's failure to take possession following notice; destruction) 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. § 56:4A-3 (2026).

Text

If a customer does not take possession of the particular die, mold, or form within 120 days following the date the molder receives acknowledgement or nonacknowledgement of the return receipt of the notice or does not make other contractual arrangements with the molder for taking possession or for the storage thereof, all rights, title, and interest of the customer shall transfer by law to the molder. Thereafter, the molder shall be entitled to destroy the particular die, mold, or form as the molder's own property without any risk of liability to the customer. L.1983, c. 217, s. 3.

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If a customer does not take possession of the particular die, mold, or form within 120 days following the date the molder receives acknowledgement or nonacknowledgement of the return receipt of the notice or does not make other contractual arrangements with the molder for taking possession or for the storage thereof, all rights, title, and interest of the customer shall transfer by law to the molder. Thereafter, the molder shall be entitled to destroy the particular die, mold, or form as the molder's own property without any risk of liability to the customer. L.1983, c. 217, s. 3.