17:12B-208 - Creditors; claims barred - New Jersey Statutes

17:12B-208.  Creditors;  claims barred
    The liquidating corporation shall give public notice that all persons having  claims against any association whose assets have been transferred shall present  such claims under oath at the corporation's office within 3 months of the date  of such notice or be barred, forever after, from any action therefor.

    Such notice shall be advertised at least once each week for 12 successive weeks in at least 2 newspapers published in the county in which each such association has its principal office and shall bear the date of the day of the first publication.

    Within 10 days after date of such notice, a copy thereof shall be mailed to  each creditor or other person who is known to have any claim against such association, addressed to his last known post-office address.  Proof of such publication and mailing shall be filed with the commissioner.

     L.1963, c. 144, s. 208.  Amended by L.1965, c. 127, s. 6.