New Jersey Statutes
§ 16:3-4 — Powers; sale of property subject to approval of members; by-laws
New Jersey·Title 16 CORPORATIONS AND ASSOCIATIONS, RELIGIOUS
Every such incorporated board of trustees elected in accordance with the provisions of this chapter shall have power to: Have perpetual succession by its corporate name; Sue and be sued; Adopt and use a common seal and alter the same; Purchase, lease, acquire, receive, have and hold any lands, tenements, hereditaments, legacies, donations, moneys, goods and chattels in trust for the use of the enrolled members of such church; and to sell, grant, convey, mortgage, lease, assign or otherwise dispose of the same or any part thereof; provided, that no such sale, conveyance, mortgage or lease of any real property, held in trust as aforesaid shall be made unless previously authorized by two-thirds of the votes cast at a regular or special meeting of its enrolled members duly called for that purp
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Nearby Sections
11
§ 16:3-1
Incorporation; meeting for§ 16:3-3
Certificate; contents; recording§ 16:3-8
Right to consolidate§ 16:3-9
Consolidation; agreement