New Jersey Statutes

§ 40:60-11 — Acceptance of property in trust; appointment of trustees

New Jersey·Title 40 MUNICIPALITIES AND COUNTIES
The governing body of any municipality which is or shall be the beneficiary of such a trust may accept it for the purposes set forth in section 40:60-10 of this title and may appoint any number of trustees designated by the terms and under the conditions of the trust instrument.

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