3B:18-18 - Value of assets for computing commissions taken annually - New Jersey Statutes

3B:18-18.  Value of assets for computing commissions taken annually
    In computing the amount of commissions which may be taken annually pursuant  to N.J.S. 3B:18-17, the value of any item of corpus at the time when the item  is received by the fiduciary, referred to in this section as the "presumptive  value"  of the item, may be used as the value of the item, or, at the option of  the fiduciary, the value of the item at the end of the period for which the  commissions are taken may be used.

     L.1981, c. 405, s. 3B:18-18, eff. May 1, 1982.