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STATE v. ELSINORE SHORE ASSOCIATES

249 N.J. Super. 403 (1991)

592 A.2d 604

STATE OF NEW JERSEY, PLAINTIFF-RESPONDENT AND CROSS-APPELLANT, v. ELSINORE SHORE ASSOCIATES, A NEW JERSEY PARTNERSHIP, DEFENDANT-APPELLANT AND CROSS-RESPONDENT.

Superior Court of New Jersey, Appellate Division.

Decided July 3, 1991.

Attorney(s) appearing for the Case

David M. Satz, Jr. argued the cause for appellant/cross-respondent (Saiber Schlesinger Satz & Goldstein, attorneys; David M. Satz, Jr. and Robert B. Nussbaum, on the brief).

Robert P. Krenkowitz, Deputy Attorney General, argued the cause for respondent/cross-appellant (Robert J. Del Tufo, Attorney General, attorney; Michael R. Clancy, Assistant Attorney General, of counsel; Robert P. Krenkowitz, on the brief).

Before Judges BRODY, GRUCCIO and D'ANNUNZIO.

The opinion of the court was delivered by BRODY, J.A.D.

We now hold that gambling casino funds in the amount of unredeemed gaming chips and slot machine tokens are abandoned intangible property subject to the Uniform Unclaimed Property Act (the Act), N.J.S.A. 46:30B-1 et seq., and must therefore be paid to the State Treasurer for protective custody.

The Casino Control Commission (Commission) ordered that on May 22, 1989, defendant close the casino...

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