Section 3B:18-2 - Commissions of nontestamentary trustee

NJ Rev Stat § 3B:18-2 (2019) (N/A)
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3B:18-2. Commissions of nontestamentary trustee

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.