18A:20-13 - Sale of real estate charged with private bequest - New Jersey Statutes

18A:20-13.  Sale of real estate charged with private bequest
    When any such testator shall make a charge on any real estate so devised to  any board of education, of any legacy or bequest to any other person in trust  or otherwise, then no direction for the sale thereof shall be made by the court  unless the beneficiary under the legacy or bequest is made a party defendant to  the action;  nor shall the sale be made unless it shall appear to the court  that the rights and interests of the beneficiary under such legacy or bequest  will not be prejudiced thereby and if a sale is directed the court shall make  all necessary orders for the conservation of such legacy or bequest with  respect to the investment of moneys arising from the sale.
 
L.1967, c.271.