3B:23-28 - Bonds required of holders of determinable interests; in general - New Jersey Statutes

3B:23-28.  Bonds required of holders of determinable interests;  in general
    A personal representative shall not be compelled to pay or deliver personal  property devised for life, for a term of years or for any other limited period,  or upon a condition or any contingency, to the holder of the determinable  interest, until security is given to the court in a sum and form as the court  may deem sufficient to secure the remainder interest, whenever it shall accrue  or vest in possession.

     L.1981, c. 405, s. 3B:23-28, eff. May 1, 1982.