State Codes and Statutes

Statutes > New-jersey > Title-2a > Section-2a-16 > 2a-16-45

2A:16-45.  Court order of satisfaction;  moneys paid into court in satisfaction
    When a judgment is satisfied or the court in which a judgment is rendered or  finally docketed allows moneys to be paid into court in satisfaction of a judgment, the court may direct the clerk to enter satisfaction on the record. Any such payment into court shall not affect the right of any party to appeal or to apply for relief from the judgment or for a new trial.

    When moneys are paid into court in satisfaction of a judgment or order, any  interest in the judgment or order, or claim thereon, including the lien for  costs and compensation, if any, of the attorney for the party recovering the  judgment or order, shall be transferred to the moneys paid into court.
 
L.1951 (1st SS), c.344.