New Jersey § 3B:22-16 Action upon refunding bond of devisee or heir

New Jersey Statutes

§ 3B:22-16 — Action upon refunding bond of devisee or heir

New Jersey § 3B:22-16

Title 3BADMINISTRATION OF ESTATES--DECEDENTS AND OTHERS

This text of New Jersey § 3B:22-16 (Action upon refunding bond of devisee or heir) 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:22-16 (2026).

Text

A claimant against an estate who has failed to present his claim in due form within the time required, may bring an action in his own name without leave of court on a refunding bond given by a devisee or heir and recover the proportion of his claim which ought to be paid out of the devise or distributive share for which the bond was given. Recovery on a refunding bond shall in no case exceed the amount actually received by the devisee or heir furnishing the bond. L.1981, c. 405, s. 3B:22-16, eff. May 1, 1982.

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A claimant against an estate who has failed to present his claim in due form within the time required, may bring an action in his own name without leave of court on a refunding bond given by a devisee or heir and recover the proportion of his claim which ought to be paid out of the devise or distributive share for which the bond was given. Recovery on a refunding bond shall in no case exceed the amount actually received by the devisee or heir furnishing the bond. L.1981, c. 405, s. 3B:22-16, eff. May 1, 1982.