N.J. Stat. § 3B:31-68

Current through L. 2023, c. 200.
Section 3B:31-68 - Discretionary powers

Notwithstanding the breadth of discretion granted to a trustee in the terms of the trust, including the use of such terms as "absolute," "sole," or "uncontrolled," the trustee shall exercise a discretionary power in good faith and in accordance with the terms and purposes of the trust and the interests of the beneficiaries.

N.J.S. § 3B:31-68

Added by L. 2015, c. 276,s. 1, eff. 7/17/2016.