N.J. Admin. Code § 18:26-11.20
Current through Register Vol. 56, No. 19, October 7, 2024
No safe deposit company, trust company, bank, or other institution may deliver or transfer any securities, deposits, or other assets contained in a safe deposit box within its control or possession that belongs to or stands in the name of a resident decedent, principal of a one person corporation, or in the joint names of a resident decedent and one or more other persons, unless a release is obtained from the Transfer Inheritance Tax Branch. A blanket release may be issued at the discretion of the Director to safe deposit companies, trust companies, banks, and other institutions that will allow for release of the contents of all safe deposit boxes without inspection by the Division.
N.J. Admin. Code § 18:26-11.20