New Jersey Statutes Appendix - Former Title 3A Administration of Estates Decedents and Others 3A § 6-7

Any bank, building and loan association, association, as defined in section 5 of the “Savings and Loan Act (1963),” (P.L.1963, c. 144), or other corporation or any person, association or society, which pays or delivers any assets of the intestate to the person executing an affidavit under section 3A:6-5 or 3A:6-6 of this Title, upon presentation of a copy of the affidavit marked a true copy by the surrogate or the clerk of the Superior Court, shall be forever discharged from all claims by any administrator of the intestate who may be appointed or by any other person, as to the assets so paid or delivered, and this, notwithstanding that the total value of the real and personal assets does in fact exceed the amount limited by section 3A:6-5 or 3A:6-6 of this Title or that the statements in the affidavit are erroneous or that the consent required by section 3A:6-6 has not been obtained.