New Jersey § 17:9a-280
Full text of New Jersey New Jersey Statutes § 17:9a-280, with citation guidance and answers to common questions.
§ 17:9a-280.
The commissioner shall, after taking possession of the business and property of a
bank, cause notice to be given to all persons, other than depositors, who may have
claims against the bank, to present their claims to him under oath at a time and place
to be designated in the notice. The notice shall be published at least once in each week for three successive weeks
in at least one newspaper designated by the commissioner and published in the municipality
in which the bank has its principal office, and, if there be no such newspaper, then
in a newspaper published in the county in which such municipality is located, or in
an adjoining county, and which has a general circulation in such municipality. The time limited therein for the filing of claims shall be at least two months from
the date of the last publication of the notice. A copy of the notice shall be mailed to all known creditors of the bank, other than
depositors, at least thirty days before the expiration of the time limited for filing
proofs of claim. Proof of the publication and mailing of the notice shall be filed in the department. Any creditor of a bank who is required by this section to file a claim and fails
so to do within the time limited therefor shall not be entitled to share in the distribution
of the bank's assets.
Frequently Asked Questions About New Jersey § 17:9a-280
What does New Jersey Statutes § 17:9a-280 cover?
Section 17:9a-280 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 § 17:9a-280?
A common citation format is "New Jersey Statutes § 17:9a-280" (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 § 17:9a-280 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.