New Jersey Statutes 17:9A-258. Report of assets, liability; availability
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Terms Used In New Jersey Statutes 17:9A-258
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
258. A summary of the report of assets and liabilities as of the end of the most recent fiscal year, required to be submitted to the department pursuant to section 256 of P.L.1948, c.67 (C. 17:9A-256), shall be readily available to customers of the bank.
L.1948, c.67,s.258; amended 1996, c.17, s.19.