New Jersey Statutes
§ 3B:31-56 — Duty of impartiality.
New Jersey·Title 3B ADMINISTRATION OF ESTATES--DECEDENTS AND OTHERS
3B:31-56. Duty of Impartiality. If a trust has two or more beneficiaries, the trustee shall act impartially in investing, managing, and distributing the trust property, giving due regard to the beneficiaries' respective interests. L.2015, c.276, s.1.
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Nearby Sections
15
§ 3B:31-11
Nonjudicial settlement agreements.§ 3B:31-12
Rules of construction.§ 3B:31-13
Representation: basic effect.§ 3B:31-17
Appointment of representative.§ 3B:31-18
Methods of creating trust.§ 3B:31-19
Requirements for creation.§ 3B:31-2
Scope.§ 3B:31-21
Trust purposes.§ 3B:31-22
Charitable purposes, enforcement.