New Jersey § 46:30b-79

Full text of New Jersey New Jersey Statutes § 46:30b-79, with citation guidance and answers to common questions.

§ 46:30b-79.

If a claim is allowed, the administrator shall pay over or deliver to the claimant

the property or the amount the administrator actually received or the net proceeds

if it has been sold by the administrator, together with any additional amount required

by Article 21 of this chapter. If the claim is for property presumed abandoned under Article 10 of this chapter

which was sold by the administrator within one year after the date of delivery, the amount payable for that claim is the net proceeds of sale . At the time a claim is allowed, the administrator shall pay to the claimant interest

upon the monies of the claimant for the period during which those monies were in the

custody of the administrator, but interest shall not be payable for any period before

the effective date of this chapter. The rate of interest shall be periodically fixed by the administrator.

Frequently Asked Questions About New Jersey § 46:30b-79

What does New Jersey Statutes § 46:30b-79 cover?

Section 46:30b-79 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-79?

A common citation format is "New Jersey Statutes § 46:30b-79" (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-79 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.