New Jersey § 17:12b-111
Full text of New Jersey New Jersey Statutes § 17:12b-111, with citation guidance and answers to common questions.
§ 17:12b-111.
Upon filing with an association by a member of record, or his legal representative,
of an affidavit showing that his account book has been lost, stolen or destroyed,
and whether, and to whom the same has been pledged or assigned in whole or in part,
such association may issue a duplicate account book marked on the face thereof “A
Duplicate;” provided, however, that the board of such association may, in its discretion,
require such member or his legal representative to furnish a bond to the association
in such amount, and with such security as it may deem necessary, to indemnify such
association against any loss which might result from the issuance of such duplicate
account book. Payment made by an association to the owner of record of a duplicate account book
issued in accordance with this section shall release the association from all liability
to any person claiming any interest in the original account book and the duplicate
thereof. The term “account book” as used in this section shall be deemed to include any evidence
of the account which may have been issued in lieu of an account book.
Frequently Asked Questions About New Jersey § 17:12b-111
What does New Jersey Statutes § 17:12b-111 cover?
Section 17:12b-111 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 § 17:12b-111?
A common citation format is "New Jersey Statutes § 17:12b-111" (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 § 17:12b-111 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.