State Codes and Statutes

Statutes > New-jersey > Title-2a > Section-2a-40 > 2a-40-4

2A:40-4.  Transfer of property on gaming consideration to vest title in heirs or representatives of transferor
    If any sale, conveyance, lease or mortgage of either real or personal estate  as is made void by section 2A:40-3 of this title shall be made, the same shall  inure to the use of the heirs or legal representatives of the vendor, lessor or  mortgagor, and shall vest the whole estate and interest so attempted to be  transferred in such property, to all intents and purposes, in such heirs or  legal representatives in the same manner as though the vendor, bargainor,  lessor or mortgagor had died intestate.  All conveyances or other devices made  to evade this section shall be utterly void.
 
L.1951 (1st SS), c.344.

State Codes and Statutes

Statutes > New-jersey > Title-2a > Section-2a-40 > 2a-40-4

2A:40-4.  Transfer of property on gaming consideration to vest title in heirs or representatives of transferor
    If any sale, conveyance, lease or mortgage of either real or personal estate  as is made void by section 2A:40-3 of this title shall be made, the same shall  inure to the use of the heirs or legal representatives of the vendor, lessor or  mortgagor, and shall vest the whole estate and interest so attempted to be  transferred in such property, to all intents and purposes, in such heirs or  legal representatives in the same manner as though the vendor, bargainor,  lessor or mortgagor had died intestate.  All conveyances or other devices made  to evade this section shall be utterly void.
 
L.1951 (1st SS), c.344.

State Codes and Statutes

State Codes and Statutes

Statutes > New-jersey > Title-2a > Section-2a-40 > 2a-40-4

2A:40-4.  Transfer of property on gaming consideration to vest title in heirs or representatives of transferor
    If any sale, conveyance, lease or mortgage of either real or personal estate  as is made void by section 2A:40-3 of this title shall be made, the same shall  inure to the use of the heirs or legal representatives of the vendor, lessor or  mortgagor, and shall vest the whole estate and interest so attempted to be  transferred in such property, to all intents and purposes, in such heirs or  legal representatives in the same manner as though the vendor, bargainor,  lessor or mortgagor had died intestate.  All conveyances or other devices made  to evade this section shall be utterly void.
 
L.1951 (1st SS), c.344.