New Jersey Statutes

§ 16:12-29 — Authority to retain investments

New Jersey § 16:12-29
JurisdictionNew Jersey
Title 16CORPORATIONS AND ASSOCIATIONS, RELIGIOUS

This text of New Jersey § 16:12-29 (Authority to retain investments) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.J. Stat. Ann. § 16:12-29 (2026).

Text

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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Bluebook (online)
New Jersey § 16:12-29, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/16/16%3A12-29.