New Jersey Statutes
§ 3B:23-28 — Bonds required of holders of determinable interests; in general
New Jersey·Title 3B ADMINISTRATION OF ESTATES--DECEDENTS AND OTHERS
A personal representative shall not be compelled to pay or deliver personal property devised for life, for a term of years or for any other limited period, or upon a condition or any contingency, to the holder of the determinable interest, until security is given to the court in a sum and form as the court may deem sufficient to secure the remainder interest, whenever it shall accrue or vest in possession. L.1981, c. 405, s. 3B:23-28, eff. May 1, 1982.
Free access — add to your briefcase to read the full text and ask questions with AI
New Jersey § 3B:23-28 (Bonds required of holders of determinable interests; in general) — 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