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New Jersey Statutes, Title: 3B, ADMINISTRATION OF ESTATES--DECEDENTS AND OTHERS

    Chapter 23: Distribution of assets in kind

      Section: 3B:23-13: General devise charged upon specific property or fund

           For purposes of abatement, a general devise charged on any specific property or fund is a specific devise to the extent of the value of the property on which it is charged, and upon the failure or insufficiency of the property on which it is charged, a general devise to the extent of the failure or insufficiency.

L.1981, c. 405, s. 3B:23-13, eff. May 1, 1982.



This section added to the Rutgers Database: 2013-06-10 16:36:30.






Older versions of 3b:23-13 (if available):



Court decisions that cite this statute: CLICK HERE.


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