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2013 New Jersey Revised Statutes
Title 45 - PROFESSIONS AND OCCUPATIONS
Section 45:22-28 - Surplus belongs to pawnbroker after five years


NJ Rev Stat § 45:22-28 (2013) What's This?

45:22-28. Surplus belongs to pawnbroker after five years
If a surplus be not paid or claimed within five years from the date on which it accrued, it shall revert to the pawnbroker for his own use and benefit. Interest on unpaid surplus, at the rate of six per cent per annum, shall accrue only after the pawnbroker's refusal to pay the same, upon lawful demand thereof.


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