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New Jersey Statutes, Title: 46, PROPERTY

    Chapter 30b:

      Section: 46:30b-39: When agent deemed to hold property in fiduciary capacity

           46:30B-39. When agent deemed to hold property in fiduciary capacity. For the purpose of this article, a person who holds property as an agent for a business association is deemed to hold the property in a fiduciary capacity for that business association alone, unless the agreement between him and the business association provides otherwise. Source: New.

L.1989, c.58, s.1.



This section added to the Rutgers Database: 2012-09-26 13:37:54.






Older versions of 46:30b-39 (if available):



Court decisions that cite this statute: CLICK HERE.