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New Jersey Statutes, Title: 3B, ADMINISTRATION OF ESTATES--DECEDENTS AND OTHERS
Chapter 31: Uniform Trust Code
Section: 3B:31-54: Duty to administer trust.
3B:31-54. Duty to Administer Trust.
Upon acceptance of a trusteeship, the trustee shall administer the trust in good faith, in accordance with its terms and purposes and the interests of the beneficiaries, and in accordance with this act and other applicable law.
L.2015, c.276, s.1.
This section added to the Rutgers Database: 2016-02-15 11:38:49.
Older versions of 3b:31-54 (if available):
Court decisions that cite this statute: