N.J.S.A. 46:38A-14

Conditions under which certain transfers may be made by a personal representative, trustee or guardian

46:38A-14. Conditions under which certain transfers may be made by a personal representative, trustee or guardian A transfer may be made under R.S. 46:38A-12 or R.S. 46:38A-13 only if: a. The personal representative, trustee or guardian considers the transfer to be in the best interest of the minor; b. The transfer is not prohibited by or inconsistent with provisions of the applicable will, trust agreement, other governing instrument or law; and c. The transfer is authorized by the court if it exceeds $10,000.00 in value. L. 1987, c. 18, s. 1.

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This is the verbatim text of N.J.S.A. 46:38A-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.

N.J.S.A. 46:38A-14 — Conditions under which certain transfers may be made by a personal representative, trustee or guardian | Kyzer