New Jersey § 3a:15-10
Full text of New Jersey New Jersey Statutes § 3a:15-10, with citation guidance and answers to common questions.
§ 3a:15-10.
a. Any investment made by a fiduciary, legal under the laws of this state when made,
shall continue to be legal, anything in this chapter to the contrary notwithstanding; b. A fiduciary, who, in the exercise of good faith and reasonable discretion, continues
to hold any investment made by the fiduciary which, when made, was legal under the
laws of this state or authorized in a will or trust instrument governing the investment,
or by an order of court having jurisdiction, shall not be accountable for any loss
by reason of such continuance.
Frequently Asked Questions About New Jersey § 3a:15-10
What does New Jersey Statutes § 3a:15-10 cover?
Section 3a:15-10 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 § 3a:15-10?
A common citation format is "New Jersey Statutes § 3a:15-10" (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 § 3a:15-10 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.