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Code · New Jersey · Title 3B — Administration of Estates--Decedents and Others · Chapter 10

3B:10-14. Appointment of debtor as executor; debt not discharged

66 words·~1 min read·/nj/title-3b/chapter-10/3b-10-14·

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The appointment of a debtor as executor shall not, unless otherwise expressed in the will, be construed to discharge the executor from payment of the debt, but the debt shall be considered an asset in the hands of the executor and shall be accounted for in the same manner as any other part of the decedent's estate.
L.1981, c. 405, s. 3B:10-14, eff. May 1, 1982.
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