New Jersey Code § 54:35-4.1

Death of person caused by wrongful act, neglect or default; compensation; failure to timely pay tax; interest and bond
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54:35-4.1. Death of person caused by wrongful act, neglect or default; compensation; failure to timely pay tax; interest and bond
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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