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Get Uniform Law Commission Uniform Principal And Income Act Date - Lawrev State Nj

Fied version of the Uniform Principal and Income Act as revised in 1997 by the National Conference of Commissioners on Uniform State Laws (NCCUSL). The 2002 Act replaced the Revised Uniform Principal and Income Act adopted in 1991. See, Assembly Banking and Insurance Committee Statement, N.J.S. 3B:19B-1. The Act, as adopted in New Jersey, was very similar to the NCCUSL Act, but differed in some respects. There were differences with regard to: the exercise of fiduciary duties (NJ eliminated t.

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