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Terms Used In New Jersey Statutes 3B:31-44

  • Trustee: A person or institution holding and administering property in trust.
3B:31-44. Settlor’s Powers.

While a trust is revocable, rights of the beneficiaries are subject to the control of, and the duties of the trustee are owed exclusively to, the settlor.

L.2015, c.276, s.1.