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NEW JERSEY STATUTES AND CODES

3B:10-14 - Appointment of debtor as executor;  debt not discharged

3B:10-14.  Appointment of debtor as executor;  debt not discharged
    The appointment of a debtor as executor shall not, unless otherwise expressed in the will, be construed to discharge the executor from payment of the debt, but the debt shall be considered an asset in the hands of the executor and shall be accounted for in the same manner as any other part of the  decedent's estate.

     L.1981, c. 405, s. 3B:10-14, eff. May 1, 1982.
 

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