3B:20-23 Banking institution acting as fiduciary
41 words·~1 min read·
/nj/title-3b/chapter-20/3b-20-23·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Banking institution acting as fiduciary. An exchange or conversion of shares may be made pursuant to this article notwithstanding that the fiduciary which holds the shares in the trust estate is the banking institution which issued them.
Amended 1997, c.26, s.20.