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New Jersey Statutes, Title: 3B, ADMINISTRATION OF ESTATES--DECEDENTS AND OTHERS
Chapter 11: Creator's reserved interest in trust alienable subject to creditors' claims
Section: 3B:11-34: Not subject to rule against perpetuities
A community trust shall not be subject to or held to be in violation of any principle of law against perpetuities or restraints on alienation or perpetual accumulations of trusts.
L. 1985, c. 424, s. 16.
This section added to the Rutgers Database: 2013-06-10 16:36:30.
Older versions of 3b:11-34 (if available):
Court decisions that cite this statute: