New Jersey § 3B:22-15 Failure to file refunding bond;  presumption that devise or distributive share remains unpaid

New Jersey Statutes

§ 3B:22-15 — Failure to file refunding bond; presumption that devise or distributive share remains unpaid

New Jersey § 3B:22-15

Title 3BADMINISTRATION OF ESTATES--DECEDENTS AND OTHERS

This text of New Jersey § 3B:22-15 (Failure to file refunding bond; presumption that devise or distributive share remains unpaid) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.J. Stat. Ann. § 3B:22-15 (2026).

Text

In an action by a creditor against a personal representative, for the payment of a ratable proportion of his debt, it shall be presumed that the assets of the estate due a devisee or heir have not been paid over to him, if no refunding bond from the devisee or heir is on file. However, the presumption may be rebutted by proof that the devise or distributive share was actually paid over to him. L.1981, c. 405, s. 3B:22-15, eff. May 1, 1982.

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In an action by a creditor against a personal representative, for the payment of a ratable proportion of his debt, it shall be presumed that the assets of the estate due a devisee or heir have not been paid over to him, if no refunding bond from the devisee or heir is on file. However, the presumption may be rebutted by proof that the devise or distributive share was actually paid over to him. L.1981, c. 405, s. 3B:22-15, eff. May 1, 1982.