N.J.S.A. 3B:22-17 — Defense to action on fiduciary's bond in certain cases

3B:22-17. Defense to action on fiduciary's bond in certain cases A fiduciary, who has received a devise or distributive share from a personal representative and has given a refunding bond therefor, may set up in absolute bar to an action on the bond, that he has lawfully paid out and distributed the devise or distributive share to the person entitled thereto, and has taken a refunding bond therefor from that person. If the fiduciary has paid out a part only of the devise or distributive share and has taken a similar refunding bond therefor, he may defend in like manner as to the part so paid or distributed. L.1981, c. 405, s. 3B:22-17, eff. May 1, 1982.

This is the verbatim text of N.J.S.A. 3B:22-17, 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.