New Jersey Statutes Appendix - Former Title 3A Administration of Estates Decedents and Others 3A § 15-36

a. “Trust instrument” means and includes a will, deed, agreement, court order or other instrument pursuant to which money or other property is entrusted to a fiduciary;

b. “Fiduciary” means an individual or corporation authorized to act as a trustee, executor, administrator, administrator with the will annexed, or guardian, and every other person or corporation charged with the duty of administering a trust estate;

c. “Trust estate” means money or other property entrusted to a fiduciary pursuant to a trust instrument, will, estate of an intestate decedent or the estate of a minor or mentally incompetent person being administered by a guardian;

d. “Investments” means and includes property of every nature, real, personal and mixed, tangible and intangible, which persons of ordinary prudence and reasonable discretion acquire for the purpose of preserving capital and of realizing income; and specifically includes, solely by way of description and not by way of limitation, bonds, debentures and other corporate obligations, capital stocks, common stocks, preferred stocks, common trust funds as defined in and regulated by article 9, Common Trust Funds, P.L.1948, c. 67 (C. 17:9A-36 et seq.), investments as authorized by article 1 of chapter 15 of Title 3A of the New Jersey Statutes, and securities of any open-end or closed-end management type investment company or investment trust registered pursuant to the Federal Investment Company Act of 1940, as from time to time amended.