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New Jersey Statutes, Title: 3B, ADMINISTRATION OF ESTATES--DECEDENTS AND OTHERS

    Chapter 17: Fiduciary filing release by ward or cestui que trust

      Section: 3B:17-9: Nontestamentary trustee defined

           As used in this article, "nontestamentary trustee" means any owner of real or personal property who holds title thereto subject to equitable duties to deal with the property for the benefit of another or others arising from an express intention to create those duties manifested in writing otherwise than by a will or other testamentary disposition of property.

L.1981, c. 405, s. 3B:17-9, eff. May 1, 1982.



This section added to the Rutgers Database: 2013-06-10 16:36:30.






Older versions of 3b:17-9 (if available):



Court decisions that cite this statute: CLICK HERE.