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2017 New Jersey Revised Statutes
TITLE 3B - ADMINISTRATION OF ESTATES--DECEDENTS AND OTHERS
Section 3B:18-17 - Taking annual amounts on account of corpus commissions
Universal Citation: NJ Rev Stat § 3B:18-17 (2017)
3B:18-17. Taking annual amounts on account of corpus commissions
Fiduciaries may annually, without court allowance, take sums as follows on account of corpus commissions: if there is but one fiduciary, the amount so taken may equal one-fifth of 1% of the value of the corpus and, if there are two or more fiduciaries, the amount so taken may equal the commissions which may be taken pursuant to this section when there is but one fiduciary, plus one-fifth of the commissions for each fiduciary more than one.
L.1981, c. 405, s. 3B:18-17, eff. May 1, 1982.
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