New Jersey § 3b:31-60
Full text of New Jersey New Jersey Statutes § 3b:31-60, with citation guidance and answers to common questions.
§ 3b:31-60.
Delegation by Trustee. a. A trustee may delegate ministerial, administrative and management duties and powers
that a prudent trustee of comparable skills could properly delegate under the circumstances. b. The trustee shall exercise reasonable care, skill, and caution in: (1) selecting an agent; (2) establishing in writing the scope and terms of the delegation, consistent with
the purposes and terms of the trust; and (3) periodically reviewing the agent's actions in order to monitor the agent's performance
and compliance with the terms of the delegation. c. A trustee shall provide reasonable written notice to the qualified beneficiaries
on each occasion upon which the trustee delegates duties pursuant to this section,
including the identity of the agent. d. A trustee who complies with subsections b. and c. of this section is not liable
to the beneficiaries or to the trust for an action of the agent to whom the function
was delegated. e. In performing a delegated function, the agent shall owe to the trustee and the
beneficiaries the same duties as the fiduciary and shall be held to the same standards
as the fiduciary. f. By accepting a delegation of powers or duties from the trustee of a trust that
is subject to the law of this State, an agent submits to the jurisdiction of the courts
of this State, even if the delegation agreement provides otherwise.
Frequently Asked Questions About New Jersey § 3b:31-60
What does New Jersey Statutes § 3b:31-60 cover?
Section 3b:31-60 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:31-60?
A common citation format is "New Jersey Statutes § 3b:31-60" (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:31-60 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.