Corporate fiduciary liable for loss caused by acts of nominee
3B:20-4. Corporate fiduciary liable for loss caused by acts of nominee
The fiduciary or fiduciaries shall be liable for any loss caused by the acts of the nominee with respect to securities registered as provided in N.J.S. 3B:20-3.
L.1981, c. 405, s. 3B:20-4, eff. May 1, 1982.
This is the verbatim text of N.J.S.A. 3B:20-4, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. KyzerLex is not a law firm and this page is not legal advice.