3B:15-4 - Bond when property unsafe or in danger of waste - New Jersey Statutes

3B:15-4.  Bond when property unsafe or in danger of waste    If a fiduciary has not previously furnished a bond and proof is made to the  satisfaction of the court that the property in his hands is unsafe, insecure,  or in danger of being wasted, the court may, at the instance of any person  interested, including creditors, in the decedent's estate or the estate held by  the fiduciary, require the fiduciary to furnish a bond with sureties to the  Superior Court in a sum to be fixed by the court conditioned for the faithful  performance of the fiduciary's duty.

     L.1981, c. 405, s. 3B:15-4, eff. May 1, 1982.