Corporate fiduciary liable for loss caused by acts of nominee

  1. Law
  2. New Jersey Revised Statutes
  3. Administration of Estates--Decedents and Others
  4. Corporate fiduciary liable for loss caused by acts of nominee

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3B:20-4. Corporate fiduciary liable for loss caused by acts of nominee

The fiduciary or fiduciaries shall be liable for any loss caused by the acts of the nominee with respect to securities registered as provided in N.J.S. 3B:20-3.

L.1981, c. 405, s. 3B:20-4, eff. May 1, 1982.


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