New Jersey § 3b:30-9
Full text of New Jersey New Jersey Statutes § 3b:30-9, with citation guidance and answers to common questions.
§ 3b:30-9.
a. A registering entity is not required to offer or to accept a request for security
registration in beneficiary form. If a registration in beneficiary form is offered by a registering entity, the owner
requesting registration in beneficiary form assents to the protections given to the
registering entity by this act. b. By accepting a request for registration of a security in beneficiary form, the
registering entity agrees that the registration will be implemented on death of the
deceased owner as provided in this act. c. A registering entity is discharged from all claims to a security by the estate,
creditors, heirs, or devisees of a deceased owner if it registers a transfer of a
security in accordance with section 8 of this act 1 and does so in good faith reliance on: (1) the registration; (2) this act; and (3) on information provided to it by affidavit of the personal representative of the
deceased owner, or by the surviving beneficiary or by the surviving beneficiary's
representatives, or other information available to the registering entity. The protections of this act do not extend to a reregistration or payment made after
a registering entity has received written notice from any claimant to any interest
in the security objecting to implementation of a registration in beneficiary form. No other notice or other information available to the registering entity affects
its right to protection under this act. d. The protection provided by this act to the registering entity of a security does
not affect the rights of beneficiaries in disputes between themselves and other claimants
to ownership of the security transferred or its value or proceeds. 1
N.J.S.A. § 3B:30-8.
Frequently Asked Questions About New Jersey § 3b:30-9
What does New Jersey Statutes § 3b:30-9 cover?
Section 3b:30-9 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 § 3b:30-9?
A common citation format is "New Jersey Statutes § 3b:30-9" (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 § 3b:30-9 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.