Section 3B:23-26 - Condition of devisee's bond

NJ Rev Stat § 3B:23-26 (2019) (N/A)
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3B:23-26. Condition of devisee's bond

The bond of a devisee shall be conditioned substantially as follows: That if any part or the whole of the devise shall at any time thereafter be needed to discharge any debt or debts, devise or devises, which the personal representative may not have other assets to pay, he, the devisee, will return his devise or that part thereof as may be necessary for the payment of the debts, or for the payment of a proportional part of the devises.

L.1981, c. 405, s. 3B:23-26, eff. May 1, 1982.