New Jersey § 46:2b-10
Full text of New Jersey New Jersey Statutes § 46:2b-10, with citation guidance and answers to common questions.
§ 46:2b-10.
As used in this act: “Account” means an agreement between a banking institution and its customer pursuant
to which the banking institution accepts funds or property of the customer and agrees
to repay or return the funds or property upon the terms and conditions specified in
the agreement. The term “account” includes, but is not limited to, checking accounts, savings accounts,
certificates of deposit and other types of time and demand accounts as banking institutions
are authorized to enter into pursuant to applicable federal or State law. The term “account” does not include an agreement pursuant to which a banking institution
agrees to act as a fiduciary within the meaning of the “Uniform Fiduciaries Law,” N.J.S.3B:14-52 et seq. “ Agent ” means the person authorized to act for another person pursuant to a power of attorney. An agent may be referred to as an “attorney,” “attorney-in-fact” or “deputy” in
the power of attorney. “ Banking institution ” includes banks, savings banks, savings and loan associations and credit unions,
whether chartered by the United States, this State or any other state or territory
of the United States or a foreign country. A thing is done “ in good faith ” when it is in fact done honestly, regardless of whether it is done negligently. “ Power of attorney ” means a duly signed and acknowledged written document in which a principal authorizes
an agent to act on his behalf. “ Principal ” means a person executing a power of attorney. “ Safe deposit company ” means a company operating pursuant to P.L.1983, c. 566 ( C.17:14A-1 et seq. ).
Frequently Asked Questions About New Jersey § 46:2b-10
What does New Jersey Statutes § 46:2b-10 cover?
Section 46:2b-10 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 46:2b-10?
A common citation format is "New Jersey Statutes § 46:2b-10" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 46:2b-10 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.