New Jersey Statutes
§ 16:12-29 — Authority to retain investments
New Jersey·Title 16 CORPORATIONS AND ASSOCIATIONS, RELIGIOUS
The corporation is authorized to retain in its absolute discretion and for such period as to the said trustees shall seem advisable any and all investments and other properties which may be entrusted to it by any of the said trustees, parishes, congregations, societies, chapels or missions. L.1944, c. 139, p. 373, s. 4.
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Nearby Sections
15
§ 16:12-1
Incorporation; meeting.§ 16:12-10
Annual parish election.§ 16:12-11
Election of officers; tenure.§ 16:12-12
Warden or vestrymember; filling vacancy.§ 16:12-13
Special parish meetings.§ 16:12-14
Changes; procedure.§ 16:12-15
Consolidation of parishes.§ 16:12-16
Property of extinct parish§ 16:12-17
"Parish" as meaning "congregation"§ 16:12-18
Incorporation§ 16:12-19
Powers; holding property in trust§ 16:12-21
Management of funds; property in trust