N.J. Stat. § 46:30B-65
Defending and indemnifying holder against claims for property paid or delivered
New Jersey · New Jersey Statutes Title 46 — Property · Status: effective
Cite this
- Citation
- N.J. Stat. § 46:30B-65, Defending and indemnifying holder against claims for property paid or delivered, New Jersey, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1475367
- Permanent ID
ys:prov:1475367@1- SHA-256
b80fa4b5d7e01adc1a627ad77439ad98af237de1de5f31ab67a770c7dbbf2dd6
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
46:30B-65. Defending and indemnifying holder against claims for property paid or delivered. If the holder pays or delivers property to the administrator in good faith and thereafter another person claims the property from the holder or another state claims the money or property under its laws relating to escheat or abandoned or unclaimed property, the administrator, upon written notice of the claim, shall defend the holder against the claim and indemnify the holder against any liability on the claim to the extent of the property paid or delivered to the administrator on behalf of the apparent owner.