3B:18-2. Commissions of nontestamentary trustee
62 words·~1 min read·
/nj/title-3b/chapter-18/3b-18-2·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
On the settlement of the account of a nontestamentary trustee, as defined in N.J.S. 3B:17-9, the court shall allow him the compensation as may have been agreed upon by the instrument creating the trust; and in the absence of any express provision concerning compensation, shall allow him commissions in accordance with this chapter.
L.1981, c. 405, s. 3B:18-2, eff. May 1, 1982.