New Jersey § 46:30b-6

§ 46:30b-6.

As used in this chapter: a. “ Administrator ” means the Treasurer of the State of New Jersey, any individual serving as the Acting

Treasurer in the absence of the appointed Treasurer, and any State employee to whom

the Treasurer has delegated authority to administer the provisions of this chapter

and to execute any pertinent documents; b. “ Apparent owner ” means the person whose name appears on the records of the holder as the person entitled

to property held, issued, or owing by the holder; c. (Deleted by amendment, P.L.2002, c. 35 ). d. “ Business association ” means a corporation, joint stock company, investment company, business trust, partnership,

unincorporated association, joint venture, limited liability company, safe deposit

company, safekeeping depository, financial organization, insurance company, mutual

fund, utility or other business entity consisting of one or more persons, whether

or not for profit; e. “ Domicile ” means the state of incorporation of a corporation and the state of the principal

place of business of an unincorporated person; f. “ Financial organization ” means a savings and loan association, building and loan association, credit union,

savings bank, industrial bank, bank, banking organization, trust company, safe deposit

company, private banker, or any organization defined by other law as a bank or banking

organization; g. “ Holder ” means a person, wherever organized or domiciled, who is the original obligor indebted

to another on an obligation; h. “ Insurance company ” means an association, corporation, fraternal or mutual benefit organization, whether

or not for profit, which is engaged in providing insurance coverage, including accident,

burial, casualty, credit life, contract performance, dental, fidelity, fire, health,

hospitalization, illness, life (including endowments and annuities), malpractice,

marine, mortgage, surety, and wage protection insurance; i. (Deleted by amendment, P.L.2002, c. 35 ). j. (Deleted by amendment, P.L.2002, c. 35 ). k. “ Owner ” means a person having a legal or equitable interest in property subject to this

chapter or the person's legal representative and includes, but is not limited to,

a depositor in the case of a deposit, a beneficiary in the case of a trust other than

a deposit in trust, and a creditor, claimant, or payee in the case of other property; l. “ Person ” means an individual, business association, state or other government, governmental

subdivision or agency, public corporation, public authority, estate, trust, two or

more persons having a joint or common interest, or any other legal or commercial entity; m. “ State ” means any state in the United States, district, commonwealth, territory, insular

possession, or any other area subject to the jurisdiction of the United States; n. “ Utility ” means a person who owns or operates for public use any plant, equipment, property,

franchise, or license for the transmission of communications or the production, storage,

transmission, sale, delivery, or furnishing of electricity, water, steam, or gas; o. “ Mineral ” means gas, oil, coal, other gaseous, liquid and solid hydrocarbons, oil shale, cement

material, sand and gravel, road material, building stone, chemical raw material, gemstone,

fissionable and nonfissionable ores, colloidal and other clay, steam and other geothermal

resources, or any other substance defined as a mineral by the law of this State; p. “ Mineral proceeds ” means amounts payable for the extraction, production, or sale of minerals, or, upon

the abandonment of those payments, all payments that become payable thereafter, and

includes, but is not limited to, amounts payable: for the acquisition and retention of a mineral lease, including bonuses, royalties,

compensatory royalties, shut-in royalties, minimum royalties, and delay rentals; for the extraction, production, or sale of minerals, including net revenue interests,

royalties, overriding royalties, extraction payments, and production payments; and under an agreement of option, including a joint operating agreement, pooling agreement,

and farm-out agreement; q. “ Money order ” means an express money order and a personal money order, on which the remitter is

the purchaser; r. “ Property ” means tangible property described in R.S.46:30B-45 or a fixed and certain interest in intangible property that is held, issued, or owed

in the course of a holder's business, or by a government, government subdivision,

agency, or instrumentality, and all income or increments therefrom, and includes property

that is referred to as or evidenced by: money, a check, draft, deposit, interest, or dividend; stored value card; credit balance, customer's overpayment, security deposit, refund, credit memorandum,

unpaid wage, unused ticket, mineral proceeds or unidentified remittance; stock or other evidence of ownership of an interest in a business association or financial

organization; a bond, debenture, note, or other evidence of indebtedness; money deposited to redeem stock, bonds, coupons, or other securities or distributions; an amount due and payable under the terms of an annuity or insurance policy, including

policies providing life insurance, property and casualty insurance, workers compensation

insurance, or health and disability insurance; and an amount distributable from a trust or custodial fund established under a plan to

provide health, welfare, pension, vacation, severance, retirement, death stock purchase,

profit sharing, employee savings, supplemental unemployment, insurance, or similar

benefits; s. “ Record ” means information that is inscribed on a tangible medium or that is stored in an

electronic or other medium and is retrievable in perceivable form ; and t. “ Stored value card ” means a record that evidences a promise, made for monetary or other consideration,

by the issuer or seller of the record that the owner of the record will be provided,

solely or a combination of, merchandise, services, or cash in the value shown in the

record, which is pre-funded and the value of which is reduced upon each redemption. The term “ stored value card ” includes, but is not limited to the following items: paper gift certificates, records

that contain a microprocessor chip, magnetic stripe or other means for the storage

of information, gift cards, electronic gift cards, rebate cards, stored-value cards

or certificates, store cards, and similar records or cards .