46:30B-9 - When property subject to custody - New Jersey Statutes

46:30B-9  When property subject to custody.

46:30B-9.  When property subject to custody.  Unless otherwise provided in this chapter or by other statute of this State, property is subject to the custody of this State as unclaimed property if the conditions raising a presumption of abandonment under Articles 2 and 5 through 16 of this chapter are satisfied and the conditions under R.S.46:30B-10 are satisfied. The common law doctrine of bona vacantia shall remain viable with respect to unclaimed property not covered by this chapter or another statute of this State.

L.1989, c.58, s.1; amended 2002, c.35, s.7.