NJ Rev Stat § 54:35-4.1 - Death of Person Caused by Wrongful Act, Neglect or Default; Compensation; Failure to Timely Pay Tax; Interest and Bond

Section 35-4.1 - Death of Person Caused by Wrongful Act, Neglect or Default; Compensation; Failure to Timely Pay Tax; Interest and BondSection 35-4.1 - Death of Person Caused by Wrongful Act, Neglect or Default; Compensation; Failure to Timely Pay Tax; Interest and Bond

Section 35-4 - Bond Required When Payment Delayed Section 35-5 - Lien of Tax; Duration

Notwithstanding the provisions of R.S. 54:35-3 and R.S. 54:35-4, with respect to any sum recovered as compensation for death of a person caused by a wrongful act, neglect or default, interest shall accrue at the rates and in the manner provided in R.S. 54:35-3 and a bond shall be required to be given as provided in R.S. 54:35-4, if the tax is not paid within 30 days of the receipt of an award or settlement therefor. L.1978, c. 172, s. 4, eff. Dec. 28, 1978.

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