N.J.S.A. 16:13-2

Powers; execution of deeds

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.

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This is the verbatim text of N.J.S.A. 16:13-2, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.