New Jersey Statutes 2C:66-6. Disposition of funds
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Terms Used In New Jersey Statutes 2C:66-6
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
- State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
6. Disposition of funds.
a. The court may order the financial institution to remit all or part of the frozen funds or assets to the court.
b. If the account holder is acquitted or the charges are dismissed with prejudice, the court shall issue an order releasing the freeze on the funds or assets.
c. If the account holder is not acquitted or the charges are not dismissed, the frozen funds or assets shall become the property of the State and shall be used to provide restitution to victims of terrorism, to fund State law enforcement anti-terrorism programs and activities and for other law enforcement purposes.
L.2003,c.22,s.6.