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NEW JERSEY STATUTES AND CODES

3B:26-3 - Distribution or other disposition of property

3B:26-3.  Distribution or other disposition of property
    Distribution or any other disposition of the property of an absent person may be made under direction of the court when he is presumed dead under N.J.S. 3B:27-1, or sooner if the death of the absent person is established by evidence  satisfactory to the court.  If the absent person returns or the need for  management or protection ceases before distribution or other disposition, the  trustee shall restore to him the property, after deduction of the reasonable  expenses of the trust and compensation of the trustees.

     L.1981, c. 405, s. 3B:26-3, eff. May 1, 1982.
 

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