New Jersey § 3b:10-10

§ 3b:10-10.

Whereas it is sometimes practiced to the defrauding of creditors, that persons who

are entitled to the administration of the estate of an intestate will not accept administration,

but suffer or procure the administration to be granted to others of indigent circumstances,

from whom they, or others, by their means, by deeds of gifts, or by letters of attorney,

obtain the estate of the intestate into their hands, and are not subject to the payment

of the debts of the intestate, and so the creditors cannot have or recover their just

debts and demands; therefore, if any person shall obtain, receive and have, any property

or debts of an intestate, or a release or other discharge of any debt or duty due

the intestate, upon any fraud as herein provided, without valuable consideration as

shall amount to the value of the property or debts, or near thereabouts except it

be in or towards satisfaction of some just debt, of the value of the same property

or debts, to him owing by the intestate at the time of his decease, the person shall

be charged and chargeable as executor of his own wrong so far only, as all the property

and debts coming to his hands, or whereof he is released or discharged by the administrator,

will satisfy. However he shall not be charged for those just debts, contracted without fraud and

upon a good consideration, which are owing to him by the intestate at the time of

his decease, nor for payments made by him which lawful executors or administrators

ought to pay.