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Terms Used In New Jersey Statutes 3B:18-23

  • Trustee: A person or institution holding and administering property in trust.
As used in this article “fiduciary” means a trustee acting under a will, a nontestamentary trustee as defined in N.J.S. 3B:17-9 or a guardian.

L. 1981, c. 405, s. 3B:18-23, eff. May 1, 1982. Amended by L. 1985, c. 434, s. 1, eff. Jan. 13, 1986.