New Jersey Statutes
§ 3B:23-23 — Letters of trusteeship required before transfer to trustee
New Jersey·Title 3B ADMINISTRATION OF ESTATES--DECEDENTS AND OTHERS
It shall be unlawful for any fiduciary to transfer, pay over or distribute any devise, distributive share or part of the estate or trust in the possession or under the control of the fiduciary to a testamentary trustee or substituted testamentary trustee until letters of trusteeship shall have been issued to the testamentary trustee or substituted testamentary trustee. L.1981, c. 405, s. 3B:23-23, eff. May 1, 1982.
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New Jersey § 3B:23-23 (Letters of trusteeship required before transfer to trustee) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 3B:23-1
Distribution of assets in kind§ 3B:23-10
Distribution to guardian§ 3B:23-11
Interest on general pecuniary devise§ 3B:23-12
Abatement generally.§ 3B:23-14
Where will expresses order of abatement§ 3B:23-16
Distribution by order of court§ 3B:23-17
Judgment for distribution§ 3B:23-2
Valuation of assets§ 3B:23-21
Unclaimed estate assets.§ 3B:23-24
Refunding bond of devisee or distributee