There is a newer version of the New Jersey Revised Statutes
2013 New Jersey Revised Statutes
Title 16 - CORPORATIONS AND ASSOCIATIONS, RELIGIOUS
Section 16:2-6 - Organization for business; president
NJ Rev Stat § 16:2-6 (2013) What's This?
16:2-6. Organization for business; president
The board of trustees of every such corporation shall, as soon as practicable after their election, organize for business by appointing one of their number president, who shall have custody of the deeds and muniments of title of the corporate property.
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