3B:20-4 - Corporate fiduciary liable for loss caused by acts of nominee
3B:20-4. Corporate fiduciary liable for loss caused by acts of nominee
The fiduciary or fiduciaries shall be liable for any loss caused by the acts of the nominee with respect to securities registered as provided in N.J.S. 3B:20-3.
L.1981, c. 405, s. 3B:20-4, eff. May 1, 1982.