New Jersey § 3a:24-38
Full text of New Jersey New Jersey Statutes § 3a:24-38, with citation guidance and answers to common questions.
§ 3a:24-38.
If an estate be adjudged to be insolvent, any creditor who shall not exhibit his claim
to the executor or administrator within the time limited and prescribed by section 3A:24-3 of this title shall be forever barred from prosecuting or recovering thereon unless
the estate shall prove sufficient, after all claims exhibited and allowed are fully
satisfied, or such creditors shall find some other estate not accounted for by the
executor or administrator before distribution, in which case such creditor shall receive
his ratable proportion out of the same. However, the court, before distribution made, may, upon the application of any creditor
of any insolvent decedent and after notice to the executor or administrator, extend
the time within which claims may be presented by creditors of such decedent upon such
terms as the court may deem just.
Frequently Asked Questions About New Jersey § 3a:24-38
What does New Jersey Statutes § 3a:24-38 cover?
Section 3a:24-38 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 3a:24-38?
A common citation format is "New Jersey Statutes § 3a:24-38" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 3a:24-38 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.