N.J.S.A. 3B:15-14

Additional bond upon withdrawals

3B:15-14. Additional bond upon withdrawals A fiduciary shall not be permitted by the court to collect or receive the principal of securities on deposit or to withdraw a deposit pursuant to N.J.S. 3B:15-13 unless an additional bond has been given by him, or unless there is proof that the estate or fund has been so reduced by payments or otherwise, that the amount of the bond originally given will be sufficient in amount to secure the estate or fund. L.1981, c. 405, s. 3B:15-14, eff. May 1, 1982.

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This is the verbatim text of N.J.S.A. 3B:15-14, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.