There is a newer version of the New Jersey Revised Statutes
2016 New Jersey Revised Statutes
Title 3b - Administration Of Estates--decedents And Others
Section 3B:14-31 - Personal Liability Of Fiduciary On Contracts
NJ Rev Stat § 3B:14-31 (2016) What's This?
3B:14-31. Personal liability of fiduciary on contracts
Unless otherwise provided in the contract, a fiduciary is not individually liable on a contract properly entered into in his fiduciary capacity in the course of administration of the estate unless he fails to reveal his fiduciary capacity and identify the estate in the contract.
L.1981, c. 405, s. 3B:14-31, eff. May 1, 1982.
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