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NEW JERSEY STATUTES AND CODES

3B:21-2 - Meaning of term  "personal property"

3B:21-2.  Meaning of term  "personal property"
    The term  "personal property"  as used in this chapter shall include, but without limitation, property or money or any devise or distributive share, interest, trust fund or trust property in the hands of a fiduciary residing or acting in this State, moneys in the hands of a receiver appointed by any court,  moneys in the hands of a commissioner, officer, fiduciary or other person  constituting the proceeds from the sale of real estate under any judicial  proceeding, or pursuant to the provisions of any will or instrument of trust,  or awarded as damages for the taking of lands under legislative authority,  moneys or funds deposited in any court of this State, whether arising from the  sale of lands or otherwise, and moneys or property in the custody or under the  control or subject to the directions of any court.

     L.1981, c. 405, s. 3B:21-2, eff. May 1, 1982.
 

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