2A:19-38. Estate vests in new assignee; accounting and delivery by predecessor
91 words·~1 min read·
/nj/title-2a/chapter-19/2a-19-38A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Upon the appointment of any new assignee as aforesaid, the entire trust estate, in whatsoever form the same then may be, shall forthwith vest in him. The court may compel the removed assignee, or the personal representative of the former assignee, to account in said court for his trust, to deliver possession of the estate in his hands to his successor, to pay over to such successor any balance found due on the accounting, and to execute such conveyance of the trust estate to his successor as the court may direct.