3B:15-4. Bond when property unsafe or in danger of waste
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/nj/title-3b/chapter-15/3b-15-4A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If a fiduciary has not previously furnished a bond and proof is made to the satisfaction of the court that the property in his hands is unsafe, insecure, or in danger of being wasted, the court may, at the instance of any person interested, including creditors, in the decedent's estate or the estate held by the fiduciary, require the fiduciary to furnish a bond with sureties to the Superior Court in a sum to be fixed by the court conditioned for the faithful performance of the fiduciary's duty.
L.1981, c. 405, s. 3B:15-4, eff. May 1, 1982.