There is a newer version
of
this Section
2020 New Jersey Revised Statutes
Title 3B - Administration of Estates--Decedents and Others
Section 3B:14-31 - Personal liability of fiduciary on contracts
Universal Citation: NJ Rev Stat § 3B:14-31 (2020)
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.
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.
