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Terms Used In New Jersey Statutes 3B:23-25

  • Devisee: means any person designated in a will to receive a devise. See New Jersey Statutes 3B:1-1
  • Distributee: means any person who has received property of a decedent from his personal representative other than as a creditor or purchaser. See New Jersey Statutes 3B:1-1
The bond required under N.J.S. 3B:23-24 or N.J.S. 3B:23-33 shall be in the amount or value of the devise or allotted distributive share and shall be sufficient, if signed by the devisee or distributee, or his guardian, as the case may be, without any sureties whatever.

L.1981, c. 405, s. 3B:23-25, eff. May 1, 1982.