New Jersey § 3B:31-47 Trustee's bond.

New Jersey Statutes

§ 3B:31-47 — Trustee's bond.

New Jersey § 3B:31-47

Title 3BADMINISTRATION OF ESTATES--DECEDENTS AND OTHERS

This text of New Jersey § 3B:31-47 (Trustee's bond.) 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:31-47 (2026).

Text

3B:31-47. Trustee's Bond.

a.A trustee shall give bond to secure performance of the trustee's duties as prescribed by N.J.S.3B:15-1 et seq. if the court finds that a bond is needed to protect the interests of the beneficiaries or is required by the terms of the trust and the court has not dispensed with that requirement.

b.Unless otherwise directed by the court, the cost of the bond is an expense of the trust. L.2015, c.276, s.1.

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3B:31-47. Trustee's Bond. a. A trustee shall give bond to secure performance of the trustee's duties as prescribed by N.J.S.3B:15-1 et seq. if the court finds that a bond is needed to protect the interests of the beneficiaries or is required by the terms of the trust and the court has not dispensed with that requirement. b. Unless otherwise directed by the court, the cost of the bond is an expense of the trust. L.2015, c.276, s.1.