New Jersey Statutes
§ 3B:20-4 — Corporate fiduciary liable for loss caused by acts of nominee
New Jersey·Title 3B ADMINISTRATION OF ESTATES--DECEDENTS AND OTHERS
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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Nearby Sections
15
§ 3B:20-1
Definitions§ 3B:20-11.1
Short title§ 3B:20-11.11
Construction of terms§ 3B:20-11.12
Applicability of act§ 3B:20-11.4
Diversification of investments§ 3B:20-11.6
Impartiality of fiduciary§ 3B:20-11.7
Review of trust assets§ 3B:20-11.8
Incurrence of costs by fiduciary§ 3B:20-11.9
Rule expresses standard of conduct