N.J.S.A. 3B:18-18 — Value of assets for computing commissions taken annually

3B:18-18. Value of assets for computing commissions taken annually In computing the amount of commissions which may be taken annually pursuant to N.J.S. 3B:18-17, the value of any item of corpus at the time when the item is received by the fiduciary, referred to in this section as the "presumptive value" of the item, may be used as the value of the item, or, at the option of the fiduciary, the value of the item at the end of the period for which the commissions are taken may be used. L.1981, c. 405, s. 3B:18-18, eff. May 1, 1982.

This is the verbatim text of N.J.S.A. 3B:18-18, 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.