3B:18-24 - Income commissions
3B:18-24.Ā Income commissions
Commissions in the amount of 6% may be taken without court allowance on allĀ income received by the fiduciary.Ā For the purposes of this section, incomeĀ which is withheld from payment to the fiduciary pursuant to any law of thisĀ State, or of the United States, or any other state, country or sovereignty orĀ of any political subdivision or governmental unit of any of the foregoing, forĀ income tax or other tax purposes, shall be deemed to be income received by theĀ fiduciary, and shall be subject to income commissions as if actually receivedĀ by the fiduciary.
L.1981, c. 405, s. 3B:18-24, eff. May 1, 1982.
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Commissions in the amount of 6% may be taken without court allowance on allĀ income received by the fiduciary.Ā For the purposes of this section, incomeĀ which is withheld from payment to the fiduciary pursuant to any law of thisĀ State, or of the United States, or any other state, country or sovereignty orĀ of any political subdivision or governmental unit of any of the foregoing, forĀ income tax or other tax purposes, shall be deemed to be income received by theĀ fiduciary, and shall be subject to income commissions as if actually receivedĀ by the fiduciary.
L.1981, c. 405, s. 3B:18-24, eff. May 1, 1982.
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