Section 16:13-2 - Powers; execution of deeds

NJ Rev Stat § 16:13-2 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

16:13-2. Powers; execution of deeds

Such trustees shall have all the powers enumerated in section 16:1-4 of this title, except that no deed or instrument of conveyance of real estate shall be good and effectual unless it is sealed with the common seal and signed by a majority of the members of such corporation.