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New Jersey Statutes, Title: 3B, ADMINISTRATION OF ESTATES--DECEDENTS AND OTHERS
Chapter 31: Uniform Trust Code
Section: 3B:31-56: Duty of impartiality.
3B:31-56. Duty of Impartiality.
If a trust has two or more beneficiaries, the trustee shall act impartially in investing, managing, and distributing the trust property, giving due regard to the beneficiaries' respective interests.
L.2015, c.276, s.1.
This section added to the Rutgers Database: 2016-02-15 11:38:51.
Older versions of 3b:31-56 (if available):
Court decisions that cite this statute: