# N.J. Stat. § 2A:102-13: Trust funds

> New Jersey · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_NJ_T2A_C102_S102-13

## Section

- **Citation:** N.J. Stat. § 2A:102-13
- **Heading:** Trust funds
- **Jurisdiction:** New Jersey
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** NJ Code / Title 2A / Chapter 102 / Section 102-13

## Text

1. Any and all moneys paid to a funeral director, undertaker, cemetery, or any other person, firm or corporation, under or in connection with an agreement for the sale of personal property to be used in connection with a funeral or burial, or for the furnishing of personal services of a funeral director, undertaker or cemetery, wherein the personal property is not to be delivered or the personal services are not to be rendered until the occurrence of the death of the person for whose funeral or burial such property or services are to be furnished, shall be trust funds in the possession of such funeral director, undertaker, cemetery, or other person, firm or corporation, and shall be deposited by him or it within 30 days after receipt thereof in a special account maintained exclusively for the deposit of such moneys in a federally insured State or federally chartered bank, savings bank or savings and loan association; or, if the person paying the moneys requests, in a pooled trust account established pursuant to P.L.1985, c.147 (C.3B:11-16 et al.) and chosen by the person paying the moneys, and shall be so held on deposit, together with any interest thereon, until said personal property has been delivered and said personal services have been rendered, unless sooner repaid, in whole or in part. No depository institution shall be liable for the misuse, misapplication or improper withdrawal by any such funeral director, undertaker, cemetery or other person, firm or corporation, of any moneys deposited in such depository institution pursuant to this act. Any agreement for funeral goods or funeral services, or both, executed on or after the effective date of P.L.1993, c.147 by a provider shall comply with the provisions set forth in sections 1 through 13 of P.L.1993, c.147 (C.45:7-82 to 45:7-94). L.1957, c.182, s.1; amended 1985, c.147, s.4; 1993, c.147, s.16; 2009, c.155.

## Nearby sections

- [N.J. Stat. § 2A:102-13 Trust funds.](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T2A_C102_S102-13.md)
- [N.J. Stat. § 2A:102-14 Repayment on demand](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T2A_C102_S102-14.md)
- [N.J. Stat. § 2A:102-15 Invalid advance funeral payment agreements](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T2A_C102_S102-15.md)
- [N.J. Stat. § 2A:102-16 Violations, certain; theft](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T2A_C102_S102-16.md)
- [N.J. Stat. § 2A:102-16.1 Irrevocable trusts, certain, conditions](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T2A_C102_S102-16.1.md)
- [N.J. Stat. § 2A:102-16.2 Crimes concerning funeral trusts](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T2A_C102_S102-16.2.md)
- [N.J. Stat. § 2A:102-17 Nonapplicability of act](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T2A_C102_S102-17.md)
- [N.J. Stat. § 2A:102-18 Definitions used in C.2A:102-13 et seq.](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T2A_C102_S102-18.md)
- [N.J. Stat. § 2A:102-19 Funeral trust, insurance policy excluded from resource consideration in determining eligibility for certain benefits.](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T2A_C102_S102-19.md)
- [N.J. Stat. § 2A:102-20 Difference between price, services provided paid to State.](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T2A_C102_S102-20.md)
- [N.J. Stat. § 2A:102-21 Office of the Public Guardian for Elderly Adults considered purchaser, sole beneficiary under certain circumstances; disposition of remaining moneys.](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T2A_C102_S102-21.md)
- [N.J. Stat. § 2A:102-22 Payment of remainder to Division of Medical Assistance and Health Services.](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T2A_C102_S102-22.md)
- [N.J. Stat. § 2A:102-23 Establishment of dedicated bank account.](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T2A_C102_S102-23.md)
- [N.J. Stat. § 2A:102-24 Inclusion of statement in prepaid funeral agreement, insurance policy.](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T2A_C102_S102-24.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_NJ_T2A_C102_S102-13. Check the current official text before relying on it. Not legal advice.