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Section 3B:23-13 - General devise charged upon specific property or fund

NJ Rev Stat § 3B:23-13 (2019) (N/A)
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3B:23-13. General devise charged upon specific property or fund

For purposes of abatement, a general devise charged on any specific property or fund is a specific devise to the extent of the value of the property on which it is charged, and upon the failure or insufficiency of the property on which it is charged, a general devise to the extent of the failure or insufficiency.

L.1981, c. 405, s. 3B:23-13, eff. May 1, 1982.

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