3B:23-29 - Bond when remainderman is lineal descendant of holder of determinable estate

3B:23-29.  Bond when remainderman is lineal descendant of holder of determinable estate Where the person next immediately in remainder is a lineal descendant of the  holder of the determinable interest referred to in N.J.S. 3B:23-28, the holder  of the determinable interest shall not be required to give security in excess  of $50,000.00.

L.1981, c. 405, s. 3B:23-29, eff. May 1, 1982.