New Jersey § 3B:31-69 General powers of trustee.

New Jersey Statutes

§ 3B:31-69 — General powers of trustee.

New Jersey § 3B:31-69

Title 3BADMINISTRATION OF ESTATES--DECEDENTS AND OTHERS

This text of New Jersey § 3B:31-69 (General powers of trustee.) 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:31-69 (2026).

Text

3B:31-69. General Powers of Trustee. a. Except as limited by section 1 of P.L.1996, c.41 (C.3B:11-4.1) and other express statutory restrictions, a trustee, without authorization by the court, may exercise:

(1)powers conferred by the terms of the trust; or (2) except as limited by the terms of the trust:

(a)all powers over the trust property which an unmarried competent owner has over individually owned property;

(b)any other powers appropriate to achieve the proper investment, management, and distribution of the trust property; and (c) any other powers conferred by this act and by Title 3B of the New Jersey Statutes. b. The exercise of a power is subject to the fiduciary duties prescribed by this act and by Title 3B of the New Jersey Statutes. L.2015, c.276, s.1.

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3B:31-69. General Powers of Trustee. a. Except as limited by section 1 of P.L.1996, c.41 (C.3B:11-4.1) and other express statutory restrictions, a trustee, without authorization by the court, may exercise: (1) powers conferred by the terms of the trust; or (2) except as limited by the terms of the trust: (a) all powers over the trust property which an unmarried competent owner has over individually owned property; (b) any other powers appropriate to achieve the proper investment, management, and distribution of the trust property; and (c) any other powers conferred by this act and by Title 3B of the New Jersey Statutes. b. The exercise of a power is subject to the fiduciary duties prescribed by this act and by Title 3B of the New Jersey Statutes. L.2015, c.276, s.1.