New Jersey § 46:30b-105
Full text of New Jersey New Jersey Statutes § 46:30b-105, with citation guidance and answers to common questions.
§ 46:30b-105.
A holder who willfully fails to report, pay, or deliver property within the time prescribed
by chapter 30B of Title 46 of the Revised Statutes, shall pay to the administrator,
in addition to the interest provided in R.S.46:30B-103 , a penalty of $1,000 for each day the report, payment, or delivery is withheld, or
the duty is not performed, up to a maximum of $250,000, plus 25% of the value of any
property that should have been but was not reported. For the purpose of this section, a willful failure to report includes the filing of
a report which is plainly inaccurate, incomplete, or out of balance and the same is
not corrected by the holder within six months after its original due date.
Frequently Asked Questions About New Jersey § 46:30b-105
What does New Jersey Statutes § 46:30b-105 cover?
Section 46:30b-105 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 § 46:30b-105?
A common citation format is "New Jersey Statutes § 46:30b-105" (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 § 46:30b-105 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.