3B:17-9 - Nontestamentary trustee defined - New Jersey Statutes

3B:17-9.  Nontestamentary trustee defined    As used in this article,  "nontestamentary trustee"  means any owner of real  or personal property who holds title thereto subject to equitable duties to  deal with the property for the benefit of another or others arising from an  express intention to create those duties manifested in writing otherwise than  by a will or other testamentary disposition of property.

     L.1981, c. 405, s. 3B:17-9, eff. May 1, 1982.