New Jersey statute

N.J.S.A. 2C:20-24 — Value of property or services; additional measures

Current through P.L.2025, c.346, and J.R.22

Part of Chapter 20, New Jersey Statutes.

Full text of N.J.S.A. 2C:20-24

Statutory text current through the P.L.2025, c.346, and J.R.22. This publication reproduces the official text of the New Jersey Statutes from the statute files published by the New Jersey Legislature; it is not the official statutes of the State of New Jersey.

N.J.S.A. 2C:20-24Primary source, current through the P.L.2025, c.346, and J.R.22

3. For the purposes of this act, the value of any property or services, including the use of computer time, shall be their fair market value, if it is determined that a willing buyer and willing seller exist. Value shall include the cost of repair or remediation of any damage caused by an unlawful act and the gross revenue from any lost business opportunity caused by the unlawful act. The value of any lost business opportunity may be determined by comparison to gross revenue generated before the unlawful act that resulted in the lost business opportunity. Value shall include, but not be limited to, the cost of generating or obtaining data and storing it within a computer or computer system. L.1984,c.184,s.3; amended 2003, c.39, s.2.

Official sources

justia: N.J.S.A. 2C:20-24

Legal terms used in this section

This reference is informational and is not legal advice.