New Jersey § 3a:7-9

§ 3a:7-9.

When the surety on the bond of a fiduciary discovers that such fiduciary is wasting

or mismanaging the estate, whereby such surety may become liable to loss or damage,

the court to which he may be accountable may, in an action by such surety, and upon

sufficient reason therefor, require the fiduciary to render an account of the performance

of his office to such surety, and if it shall appear that such fiduciary has embezzled,

wasted, misapplied, mismanaged or insufficiently secured such estate, the court shall

direct the fiduciary to give separate security to such surety for the true payment

of the balance in his hands to be paid according to the trust.