3B:26-2 - Appointment of trustee for absent person; general duties and powers - New Jersey Statutes

3B:26-2.  Appointment of trustee for absent person;  general duties and powers
    If an absent person has property in this State, which property may be wasted  or dissipated unless proper management is provided, or where funds are needed  for the support, care and welfare of the person or those entitled to be  supported by him, and protection is necessary or desirable to obtain or provide  funds, the Superior Court may in a summary action appoint one or more trustees  to take charge of and manage the property. The trustee shall be under the  direction and control of the court and shall have full power over the property  and may commence and maintain proceedings for the conservation, protection or  disposal of the property, or any part thereof, as the court may deem proper.

     L.1981, c. 405, s. 3B:26-2, eff. May 1, 1982.