New Jersey § 3a:2a-26

§ 3a:2a-26.

a. If the testator intended a specific devise of certain securities rather than the

equivalent value thereof, the specific devisee is entitled only to: (1) As much of the devised securities as is a part of the estate at time of the testator's

death; (2) Any additional or other securities of the same entity owned by the testator by

reason of action initiated by the entity and attributable to the securities devised

excluding any acquired by exercise of purchase options; (3) Securities of another entity owned by the testator as a result of a merger, consolidation,

reorganization or other similar action initiated by either entity and attributable

to the specific devise; and (4) Any additional securities of the entity owned by the testator as a result of a

plan of reinvestment if it is a regulated investment company and attributable to the

specific devise. b. Distributions prior to death with respect to a specifically devised security not

provided for in subsection a. are not part of the specific devise.