Statutes, codes, and regulations
New Jersey Statutes
Title 3B - ADMINISTRATION OF ESTATES--DECEDENTS AND OTHERS
Chapter 3B:23 - DISTRIBUTION OF ASSETS IN KIND
Section 3B:23-13 - General devise charged upon specific property or fund

N.J. Stat. § 3B:23-13

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Current through L. 2024, c. 80.
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.

N.J.S. § 3B:23-13

L.1981, c.405, s.3B:23-13, eff. 5/1/1982.