New Jersey Statutes
§ 16:5-12 — Powers of corporation
New Jersey·Title 16 CORPORATIONS AND ASSOCIATIONS, RELIGIOUS
Every such corporation shall have the general powers conferred by law upon incorporated religious societies and, in addition, shall have the following powers:
(a)To establish, erect, maintain and manage churches, colleges, seminaries, and all other religious, educational and eleemosynary institutions and agencies;
(b)To acquire by deed, gift, purchase, bequest, devise, merger, consolidation, combination, reversion, or by judicial order or judgment, or otherwise, real or personal property, in fee, trust, or otherwise, and to hold, grant, sell, convey, lease, mortgage, invest, improve or dispose of the same for the uses and purposes of the corporation;
(c)To sue and be sued and to be impleaded in any court;
(d)To adopt and use a common seal;
(e)To have perpetual succession as such corpo
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Nearby Sections
15
§ 16:5-1
Incorporation§ 16:5-10
By-laws§ 16:5-11
Officers and committees§ 16:5-12
Powers of corporation§ 16:5-17
Trustees; terms; vacancies§ 16:5-2
Incorporation validated§ 16:5-21
Members; voting rights§ 16:5-22
Powers§ 16:5-23
Meetings; by-laws