New Jersey Revised Statutes § 30:4-132 - Sale Of Unclaimed Property; Proceeds; Disposition

30:4-132. Sale of unclaimed property; proceeds; disposition
Unclaimed personal property of deceased patients, and of other former patients of an institution supported in whole or in part by state funds, shall be held at such institution, awaiting claim therefor, for a period of one year, after which time, under the direction of the commissioner and at a time named by him, unclaimed property may be sold, at public or private sale. The proceeds shall be held by the chief executive officer of the institution until the end of the succeeding fiscal year, at which time he shall turn into the state treasury all proceeds remaining unclaimed by the persons legally entitled thereto.


Section: Previous  30-4-125  30-4-126  30-4-127  30-4-128  30-4-129  30-4-130  30-4-131  30-4-132  30-4-133  30-4-134  30-4-135  30-4-136  30-4-139  30-4-140  30-4-140.1  Next

Last modified: October 11, 2016