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N.J. Stat. Ann. § 46:2B-8.12

Compensation of the attorney-in-fact

Known as the Revised Durable Power of Attorney Act

The act spans §§ 46:2B-10 to 46:2B-8.9 (25 sections).

L.2000,c.109,s.12.

12. Compensation of the Attorney-in-Fact.

A principal shall have the power to direct whether an attorney-in-fact is to be compensated in a power of attorney or in a separate written agreement dealing with compensation. A principal may direct that an attorney-in-fact be compensated and may provide for the method by which compensation shall be calculated and when compensation shall be paid. In the absence of any such direction and upon appropriate application, a court of competent jurisdiction may award reasonable compensation to the attorney-in-fact.

Current official text: New Jersey Legislature. Digitized from the New Jersey Legislature bulk statutes download. Reproduced from public-domain New Jersey statutes; confirm against the official source for the current text. Not legal advice.