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2020 New Jersey Revised Statutes
Title 3B - Administration of Estates--Decedents and Others
Section 3B:23-27 - Condition of distributee's bond
Universal Citation: NJ Rev Stat § 3B:23-27 (2020)
3B:23-27. Condition of distributee's bond
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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