N.J.S.A. 3B:15-4 — Bond when property unsafe or in danger of waste

3B:15-4. Bond when property unsafe or in danger of waste 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.

This is the verbatim text of N.J.S.A. 3B:15-4, 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.