2A:19-11 - Assignee not to proceed until bond, etc., filed - New Jersey Statutes

2A:19-11.  Assignee not to proceed until bond, etc., filed
    Until the inventory, valuation and bond required by this chapter are filed,  the assignee shall not proceed to the discharge of his trust under the general  assignment, further than may be necessary for the preservation of the assigned  estate;  but the court, before such inventory, valuation and bond are filed,  may authorize the assignee to perform such other acts in the administration of  the trust, and upon such terms, as it may deem necessary for the protection of  the trust.
L.1951 (1st SS), c.344.