Limitation on authority to register securities in name of nominee

  1. Law
  2. New Jersey Revised Statutes
  3. Administration of Estates--Decedents and Others
  4. Limitation on authority to register securities in name of nominee

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3B:20-5. Limitation on authority to register securities in name of nominee

A fiduciary or fiduciaries may not register securities in the name of a nominee where any will, trust instrument or any order appointing or relating to any fiduciary or fiduciaries prohibits securities from being registered in the name of a nominee.

L.1981, c. 405, s. 3B:20-5, eff. May 1, 1982.


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