New Jersey § 2a:17-53

Full text of New Jersey New Jersey Statutes § 2a:17-53, with citation guidance and answers to common questions.

§ 2a:17-53.

Any person, agent, treasurer or other fiduciary officer of a private or public municipal

corporation, including any county, the State, or other governmental agency, to whom

an execution mentioned in section 2A:17-50 of this Title is presented, and who shall at such time be indebted to the judgment

debtor named in such execution, or who shall become indebted to such judgment debtor

in the future, and while such execution shall remain a lien upon such indebtedness,

shall pay over to the officer presenting the same, such amount of such indebtedness

as such execution shall prescribe, less 5%, which amount shall be on account of compensation

to such person, agent, treasurer or other fiduciary officer, for expense and services

in payment of the execution, deductible from each payment made, until such execution

shall be wholly satisfied. Such payment, together with the amount of said compensation, shall be credited to

the account of the judgment debtor in payment of such execution and shall be a bar

to any action for such payment, together with the amount of said compensation, by

any such judgment debtor.

Frequently Asked Questions About New Jersey § 2a:17-53

What does New Jersey Statutes § 2a:17-53 cover?

Section 2a:17-53 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 § 2a:17-53?

A common citation format is "New Jersey Statutes § 2a:17-53" (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 § 2a:17-53 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.