16:13-2. Powers; execution of deeds
49 words·~1 min read·
/nj/title-16/chapter-13/16-13-2A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.