New Jersey Statutes
§ 3B:23-27 — Condition of distributee's bond
New Jersey § 3B:23-27
JurisdictionNew Jersey
Title 3BADMINISTRATION OF ESTATES--DECEDENTS AND OTHERS
This text of New Jersey § 3B:23-27 (Condition of distributee's bond) 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:23-27 (2026).
Text
The bond of a distributee shall be conditioned substantially as follows: That if any debt or debts, truly owing by the intestate, shall be afterwards sued for and recovered or otherwise duly made to appear, and there shall be no other assets to pay, he shall refund and pay back to the administrator his ratable part of the debt or debts, out of the part and share so allotted to him. L.1981, c. 405, s. 3B:23-27, eff. May 1, 1982.
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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 distributeeCite This Page — Counsel Stack
Bluebook (online)
New Jersey § 3B:23-27, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/3B/3B%3A23-27.