N.J.S.A. 3B:14-3 — Powers and duties of substituted fiduciary

3B:14-3. Powers and duties of substituted fiduciary A substituted fiduciary may demand, receive and recover the property and assets of the estate, and maintain all proper actions for the recovery thereof, and do all acts necessary for the administration and settlement of the estate and execution of the powers and performance of the trusts contained in the will or other instrument, in the same manner and to the same effect as if he had been appointed or named in the first instance. The fiduciary shall in the same manner be liable for any neglect or failure to perform the duties of his appointment. L.1981, c. 405, s. 3B:14-3, eff. May 1, 1982.

This is the verbatim text of N.J.S.A. 3B:14-3, 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.