New Jersey § 3B:14-42 Recovery of damages for injury to property subsequently transferred

New Jersey Statutes

§ 3B:14-42 — Recovery of damages for injury to property subsequently transferred

New Jersey § 3B:14-42

Title 3BADMINISTRATION OF ESTATES--DECEDENTS AND OTHERS

This text of New Jersey § 3B:14-42 (Recovery of damages for injury to property subsequently transferred) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.J. Stat. Ann. § 3B:14-42 (2026).

Text

A person injuring, damaging or destroying property while in the hands of a fiduciary shall be liable to the fiduciary in an action for damages for the benefit of his cestui que trust or persons in interest. The fiduciary's right to substantial damages shall not be affected by the fact that he may have transferred or conveyed the property to his cestui que trust, or other person, after the time of the injury, damage or destruction and before action brought. L.1981, c. 405, s. 3B:14-42, eff. May 1, 1982.

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A person injuring, damaging or destroying property while in the hands of a fiduciary shall be liable to the fiduciary in an action for damages for the benefit of his cestui que trust or persons in interest. The fiduciary's right to substantial damages shall not be affected by the fact that he may have transferred or conveyed the property to his cestui que trust, or other person, after the time of the injury, damage or destruction and before action brought. L.1981, c. 405, s. 3B:14-42, eff. May 1, 1982.