New Jersey § 3b:23-11
Full text of New Jersey New Jersey Statutes § 3b:23-11, with citation guidance and answers to common questions.
§ 3b:23-11.
General pecuniary devises shall bear interest beginning one year after the first appointment of a personal representative until
payment, unless a contrary intent is indicated by the will or unless the court, for good cause, waives the imposition of interest . The annual rate of interest on general pecuniary devises shall equal the average rate
of return, to the nearest whole or one-half percent, for the corresponding preceding
fiscal year terminating on June 30, of the State of New Jersey Cash Management Fund
(State accounts) as reported by the Division of Investment in the Department of the
Treasury.
Frequently Asked Questions About New Jersey § 3b:23-11
What does New Jersey Statutes § 3b:23-11 cover?
Section 3b:23-11 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 § 3b:23-11?
A common citation format is "New Jersey Statutes § 3b:23-11" (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 § 3b:23-11 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.