N.J. Stat. § 3B:20-28
Current through L. 2024, c. 62.
Notwithstanding any other provision of law, a fiduciary holding securities in a trust estate, or any banking institution holding securities as a custodian or managing agent, or as custodian for a fiduciary, is authorized to deposit or arrange for the deposit of the securities in a clearing corporation.
N.J.S. § 3B:20-28