New Jersey § 3b:11-17
Full text of New Jersey New Jersey Statutes § 3b:11-17, with citation guidance and answers to common questions.
§ 3b:11-17.
The trustees of a pooled trust fund established pursuant to section 1 of this act 1 for the benefit of not less than 200 purchasers or intended funeral recipients shall be entitled to a commission of not more than 1% per annum of the corpus of
the trust fund. The trustees of a pooled trust fund for the benefit of less than 200 purchasers or intended funeral recipients shall not be entitled to any commission. All expenses incurred in the administration of such a trust or the services rendered
thereby shall be deducted from income received by the trustees and in no event shall
the trustees invade the corpus of the trust funds. 1
N.J.S.A. § 3B:11-16.
Frequently Asked Questions About New Jersey § 3b:11-17
What does New Jersey Statutes § 3b:11-17 cover?
Section 3b:11-17 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 3b:11-17?
A common citation format is "New Jersey Statutes § 3b:11-17" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 3b:11-17 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.