N.J. Stat. § 46:30B-105.1

Current through L. 2024, c. 87.
Section 46:30B-105.1 - Penalty for fraudulent report

A holder who makes a fraudulent report shall pay to the administrator, in addition to interest as provided in R.S. 46:30B-103, a civil penalty of $1,000 for each day the report is withheld up to a maximum of $250,000, plus 25% of the value of any property that should have been but was not reported.

N.J.S. § 46:30B-105.1

L.1989, c.58, s.1; amended 2002 c. 35, s 67.