New Jersey Statutes 17:16R-1. Substitution of fiduciaries
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Terms Used In New Jersey Statutes 17:16R-1
- Fiduciary: A trustee, executor, or administrator.
1. A qualified fiduciary (herein “successor fiduciary”) may be substituted in the place and stead of another qualified fiduciary (herein “original fiduciary”) which is desirous of being discharged from acting further as fiduciary for one or more fiduciary accounts, provided that the successor fiduciary obtains the approval of the Superior Court pursuant to the terms of this act.
L.1995,c.351,s.1.