2018 New Jersey Revised Statutes
Title 3B - ADMINISTRATION OF ESTATES--DECEDENTS AND OTHERS
Chapter 18 - Commissions of nontestamentary trustee
Section 3b:18-25.1 - Taking annual amount on accounts of corpus commissions: two or more fiduciaries

Section: 3B:18-25.1: Taking annual amount on accounts of corpus commissions: two or more fiduciaries

Taking annual amount on accounts of corpus commissions: two or more fiduciaries. If there are two or more fiduciaries, the amount of the annual commissions taken pursuant to N.J.S. 3B:18-25 may equal the commissions which may be taken pursuant to that section when there is but one fiduciary, plus one-fifth of the commissions for each fiduciary more than one. No one fiduciary shall be entitled to any greater commission than that which would be allowed if there were but one fiduciary involved.

L. 1989, c. 7, s. 1.

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