17:12B-85 - Rights of beneficiary on death of fiduciary; effect of laws requiring valid testamentary disposition - New Jersey Statutes

17:12B-85.  Rights of beneficiary on death of fiduciary;  effect of laws requiring valid testamentary disposition
    When an account is maintained in a form described in section 82 of this act  the right of the named beneficiary to be vested with sole and indefeasible  title to the moneys, to the credit of the account on the death of the  fiduciary, shall not be denied, abridged, or in anywise affected because such  right has not been created by a writing executed in accordance with the laws of  this State prescribing the requirements to effect a valid testamentary  disposition of property.

     L.1963, c. 144, s. 85.