§ 34:18-1 Fidelity deposits by employees as trust funds
§ 34:18-2 Failure to segregate security moneys; bankruptcy; insolvency
§ 34:18-3 Failure to repay security moneys; punishment
§ 34:18-4 Contracts waiving statutory provisions void
§ 34:18-5 “Employer” defined
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Terms Used In New Jersey Statutes > Title 34 > Chapter 18 - Fidelity Deposits by Employees as Trust Funds

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • Contract: A legal written agreement that becomes binding when signed.
  • Conviction: A judgement of guilt against a criminal defendant.