2016 New Jersey Revised Statutes
Title 46 - Property
Section 46:30B-39 - When Agent Deemed To Hold Property In Fiduciary Capacity

NJ Rev Stat § 46:30B-39 (2016) What's This?

46:30B-39. When agent deemed to hold property in fiduciary capacity
46:30B-39. When agent deemed to hold property in fiduciary capacity. For the purpose of this article, a person who holds property as an agent for a business association is deemed to hold the property in a fiduciary capacity for that business association alone, unless the agreement between him and the business association provides otherwise. Source: New.

L.1989, c.58, s.1.


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