3B:10-26 - Standards of care to be observed - New Jersey Statutes

3B:10-26.  Standards of care to be observed
    Except as otherwise provided by the terms of a decedent's will, the personal  representative shall observe the standards in dealing with the estate assets  that would be observed by a prudent man dealing with the property of another,  and if the personal representative has special skills or is named personal  representative on the basis of representations of special skills or expertise,  he is under a duty to use those skills.

     L.1981, c. 405, s. 3B:10-26, eff. May 1, 1982.