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Code · New Jersey · Title 3B — Administration of Estates--Decedents and Others · Chapter 23

3B:23-27. Condition of distributee's bond

80 words·~1 min read·/nj/title-3b/chapter-23/3b-23-27

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The bond of a distributee shall be conditioned substantially as follows: That if any debt or debts, truly owing by the intestate, shall be afterwards sued for and recovered or otherwise duly made to appear, and there shall be no other assets to pay, he shall refund and pay back to the administrator his ratable part of the debt or debts, out of the part and share so allotted to him.
L.1981, c. 405, s. 3B:23-27, eff. May 1, 1982.
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