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2017 New Jersey Revised Statutes
TITLE 46 - PROPERTY
Section 46:38A-14 - Conditions under which certain transfers may be made by a personal representative, trustee or guardian
Universal Citation: NJ Rev Stat § 46:38A-14 (2017)
46:38A-14. Conditions under which certain transfers may be made by a personal representative, trustee or guardian
A transfer may be made under R.S. 46:38A-12 or R.S. 46:38A-13 only if:
a. The personal representative, trustee or guardian considers the transfer to be in the best interest of the minor;
b. The transfer is not prohibited by or inconsistent with provisions of the applicable will, trust agreement, other governing instrument or law; and
c. The transfer is authorized by the court if it exceeds $10,000.00 in value.
L. 1987, c. 18, s. 1.
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