N.J.S.A. 3B:11-25

No compensation

3B:11-25. No compensation Notwithstanding any other provision of law to the contrary, no trustee may be compensated for services provided as a member of the board of a community trust. No fees or commissions shall be paid to these trustees; however, a trustee may be paid for necessary expenses incurred by the trustee and may receive indemnification as permitted under Title 15A of the New Jersey Statutes. L. 1985, c. 424, s. 7.

External source: View on Justia →

This is the verbatim text of N.J.S.A. 3B:11-25, 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. Kyzer is not a law firm and this page is not legal advice.

N.J.S.A. 3B:11-25 — No compensation | Kyzer