3B:21-3 - Proof of authority of, and giving of security by, guardian or trustee - New Jersey Statutes

3B:21-3.  Proof of authority of, and giving of security by, guardian or trustee
    In any action brought pursuant to N.J.S. 3B:21-1, the court shall be satisfied by proof that the guardian or trustee is authorized and qualified to act in the state or country to which the money or other property is to be removed.  The court shall require him to give bond, in double the amount or value of the moneys or other property to be removed, or in any other sum and with an obligee, conditions and sureties as the court may determine.  A bond need not be required if the court is satisfied that he has given security satisfactory to the court in that state or country or is not required to furnish security under the laws thereof.

     L.1981, c. 405, s. 3B:21-3, eff. May 1, 1982.