N.J. Admin. Code § 17:33-7.4

Current through Register Vol. 56, No. 16, August 19, 2024
Section 17:33-7.4 - Trusts

If the trust is named in its organic document(s), its full legal name, as set forth in such document(s), is used. Such trusts are treated as organizations. If the trust is not so named, the name of the settler is used. If a settler is indicated to be an organization, the name is treated as an organization name. If the settler is an individual, the name is treated as an individual name. A UCC filing that lists a settler's name should include other information provided by the filer to distinguish the debtor trust from other trusts having the same settler. All financing statements filed against trusts or trustees acting with respect to property held in trust should indicate the nature of the debtor.

N.J. Admin. Code § 17:33-7.4

Adopted by 55 N.J.R. 2419(a), effective 12/4/2023