2019 New Jersey Revised Statutes
Title 3B - Administration of Estates--Decedents and Others
Section 3B:23-40 - Payment of interest on moneys deposited

Universal Citation: NJ Rev Stat § 3B:23-40 (2019)

3B:23-40. Payment of interest on moneys deposited

When moneys are ordered to be paid into court pursuant to N.J.S. 3B:23-39, the interest thereof, or any part of the interest as the court may direct, shall be paid to or on behalf of the persons who would for the time being be entitled to the interest in proportion to their respective shares therein, and payments of interest shall be made, yearly or half-yearly or otherwise directly to the persons entitled thereto, unless otherwise directed by the court.

L.1981, c. 405, s. 3B:23-40, eff. May 1, 1982.

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