Section 7:28-e Fiduciary Capacity.
Every person soliciting, collecting, or expending contributions for charitable purposes, and every officer, director, trustee, and employee of any such person concerned with the solicitation, collection, or expenditure of such contributions, shall be deemed to be a fiduciary and acting in a fiduciary capacity.
Source. 1987, 260:3, eff. July 19, 1987.