| PREVIOUS SECTION | Go back to sections | Go back to the chapter | Go back to the N.J. Statutes homepage | NEXT SECTION |
New Jersey Statutes, Title: 46, PROPERTY
Chapter 30b:
Section: 46:30b-40: Fiduciary for business association deemed holder of property
46:30B-40. Fiduciary for business association deemed holder of property. For the purposes of this article, a person who is deemed to hold property in a fiduciary capacity for a business association alone is the holder of the property only insofar as the interest of the business association in the property is concerned, and the business association is the holder of the property insofar as the interest of any other person in the property is concerned.
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-40 (if available):
Court decisions that cite this statute:
CLICK HERE.