New Jersey § 17:9a-298

§ 17:9a-298.

If the commissioner shall heretofore have taken possession of the business and property

of any bank pursuant to the provisions of law then existing, and he (1) shall have

given the notice then prescribed to the owner of any personal property in the custody

or possession of the bank as custodian or as bailee, depositary for hire or otherwise,

or to the lessee of any space, safe, vault or safe deposit box, and (2) shall have

inventoried such property, or opened and inventoried the contents of such space, safe,

vault, or safe deposit box or of any package in its custody or possession, such notice

and inventorying shall be deemed to have been effected pursuant to the provisions

of sections 290 and 291, 1 in such case, all other provisions of sections 290 through 297 2 shall be applicable with the same force and effect as if such notice and inventorying

had been effected pursuant to sections 290 and 291. 1

N.J.S.A. §§ 17:9A-290 and 17:9A-291. 2

N.J.S.A. §§ 17:9A-290 to 17:9A-297.