New Jersey Revised Statutes § 46:30b-39 - When Agent Deemed To Hold Property In Fiduciary Capacity

46:30B-39. When agent deemed to hold property in fiduciary capacity
46:30B-39. When agent deemed to hold property in fiduciary capacity. For the purpose of this article, a person who holds property as an agent for a business association is deemed to hold the property in a fiduciary capacity for that business association alone, unless the agreement between him and the business association provides otherwise. Source: New.

L.1989, c.58, s.1.


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Last modified: October 11, 2016