2017 New Jersey Revised Statutes
TITLE 3B - ADMINISTRATION OF ESTATES--DECEDENTS AND OTHERS
Section 3B:18-13 - Income commissions

Universal Citation: NJ Rev Stat § 3B:18-13 (2017)

3B:18-13. Income commissions

Commissions in the amount of 6% may be taken without court allowance on all income received by the fiduciary. For the purposes of this section, income which is withheld from payment to a fiduciary or fiduciaries pursuant to any law of this State, or of the United States, or any other state, country or sovereignty, or of any political subdivision or governmental unit of any of the foregoing, requiring the withholding for income tax or other tax purposes, shall be deemed to be income received by the fiduciary, and shall be subject to income commissions as provided in this section in the same manner as if actually received by the fiduciary.

L.1981, c. 405, s. 3B:18-13, eff. May 1, 1982.

Disclaimer: These codes may not be the most recent version. New Jersey may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.