State Codes and Statutes

Statutes > New-jersey > Title-3b > Section-3b-14 > 3b-14-31

3B:14-31.  Personal liability of fiduciary on contracts
    Unless otherwise provided in the contract, a fiduciary is not individually liable on a contract properly entered into in his fiduciary capacity in the course of administration of the estate unless he fails to reveal his fiduciary capacity and identify the estate in the contract.

     L.1981, c. 405, s. 3B:14-31, eff. May 1, 1982.
 

State Codes and Statutes

Statutes > New-jersey > Title-3b > Section-3b-14 > 3b-14-31

3B:14-31.  Personal liability of fiduciary on contracts
    Unless otherwise provided in the contract, a fiduciary is not individually liable on a contract properly entered into in his fiduciary capacity in the course of administration of the estate unless he fails to reveal his fiduciary capacity and identify the estate in the contract.

     L.1981, c. 405, s. 3B:14-31, eff. May 1, 1982.
 

State Codes and Statutes

State Codes and Statutes

Statutes > New-jersey > Title-3b > Section-3b-14 > 3b-14-31

3B:14-31.  Personal liability of fiduciary on contracts
    Unless otherwise provided in the contract, a fiduciary is not individually liable on a contract properly entered into in his fiduciary capacity in the course of administration of the estate unless he fails to reveal his fiduciary capacity and identify the estate in the contract.

     L.1981, c. 405, s. 3B:14-31, eff. May 1, 1982.