Duty to collect trust property and redress breaches of trust.
3B:31-66 Duty to collect trust property and redress breaches of trust.
3B:31-66. Duty to Collect Trust Property and Redress Breaches of Trust.
a. A trustee shall take reasonable steps to compel a former trustee or other person to deliver trust property to the trustee.
b. A trustee shall take reasonable steps to redress a breach of trust known to the trustee to have been committed by a former trustee.
L.2015, c.276, s.1.
This is the verbatim text of N.J.S.A. 3B:31-66, 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.