N.J. DCA Landlord/Tenant Information Series — Security Deposit Law

Citation
N.J. DCA Landlord/Tenant Information Series — Security Deposit Law
Jurisdiction
New Jersey (state)
Source
Official source
Original Source
https://www.nj.gov/dca/codes/publications/pdf_lti/sdepsit_law.pdf ↗

Related Parts of This Source

Full Text

563 chars 
46:8-19.1. Rules, regulations
The Commissioner of Banking may, in his discretion, promulgate rules and regulations with
respect to the establishment of the method of computing the interest due to either the person
receiving the money as a security deposit or to the tenant pursuant to the provisions of P.L. 1967,
c. 265 (C. 46:8-19 et seq.) or P.L. 1971, c. 223 (C. 46:8-21.1 et seq.) if the money is deposited in
an account or in shares of an investment company upon which the interest varies on a periodic
basis.
HISTORY: L. 1985, c.42, s. 5, eff. Aug. 1, 1985