How deposits made and withdrawn

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3B:15-13. How deposits made and withdrawn

Deposits authorized under N.J.S. 3B:15-11 shall be made in the name of the fiduciary and shall be withdrawn from the custody of the depository only upon the direction of the court which authorized the deposit and no part of the principal of securities so deposited shall be received or collected by the fiduciary without a like direction.

L.1981, c. 405, s. 3B:15-13, eff. May 1, 1982.


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