N.J. Stat. § 3B:15-8

Current through L. 2024, c. 87.
Section 3B:15-8 - Allowance of expense of procuring surety bond of fiduciary, receiver or assignee

A fiduciary, receiver or assignee for the benefit of creditors required by law or order of court to give a bond, may include as a part of the lawful expense of executing his trust a reasonable sum, not exceeding, however, 1% per annum on the amount of the bond, paid a company authorized under the laws of this State so to do, for becoming his surety on the bond, as may be allowed by the court.

N.J.S. § 3B:15-8

L.1981, c.405, s.3B:15-8, eff. 5/1/1982.