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2017 New Jersey Revised Statutes
TITLE 16 - CORPORATIONS AND ASSOCIATIONS, RELIGIOUS
Section 16:12-29 - Authority to retain investments
Universal Citation: NJ Rev Stat § 16:12-29 (2017)
16:12-29. Authority to retain investments
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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